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<title>Haaze.com / arrefrity / All</title>
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<pubDate>Thu, 01 Jan 1970 00:00:00 +0000</pubDate>
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<title><![CDATA[Square eliminates its credit card transaction fee]]></title>
<link>http://www.haaze.com/story.php?title=square-eliminates-its-credit-card-transaction-fee</link>
<comments>http://www.haaze.com/story.php?title=square-eliminates-its-credit-card-transaction-fee</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>arrefrity</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=square-eliminates-its-credit-card-transaction-fee</guid>
<description><![CDATA[Square took another step toward simplifying the credit card payment process today by getting rid of its 15-cent transaction fee. That means businesses who accept credit card payments using the Square reader just pay the company a 2.75 percent fee across all their payments.The San Francisco startupa4a4s chief operating officer Keith Rabois told me last month that Square is signing up between 30,000 to 50,000 merchants every month, many of them businesses who were previously cash-only. The advantage of Square is its simplicity and the fact that therea4a4s no upfront financial commitment, so therea4a4s very little risk for merchants who want to try it out. Todaya4a4s announcement adds another reason why merchants can get over their credit card qualms (or switch over from an existing system). Previously, Square charged both a per-transaction fee and a percentage fee.  This doesna4a4t just reduce the overall cost &amp;8212' it also means that smaller purchases, where the 15-cent fee might feel more significant, are more feasible. After all, those transaction fees are one reason why many stores won&amp;'t credit cards if your purchase is less than (say) $5 or $10.Square has created a fun video highlighting some of the confusion over credit card fees, which Ia4a4ve embedded below. This also gives it an advantage over Intuita4a4s GoPayment, which has a more complicated pricing structure and includes a transaction fee of at least 15 cents.This will presumably put an initial dent in Squarea4a4s revenue, but right now ita4a4s more important for the company to get as many merchants using its devices as possible. Thata4a4s why Square is giving out the card readers (which merchants can connect to iPhones, iPads, and Android devices) for free.Square has raised $37.5 million from Khosla Ventures and Sequoia Capital.Previous Story: Social games maker Digital Chocolate raises $12MPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: credit cards, transaction feesCompanies: SquarePeople: Keith Rabois          Tags: credit cards, transaction feesCompanies: SquarePeople: Keith RaboisAnthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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<item>
<title><![CDATA[Globecomm opens door to 4G for hosted wireless carriers]]></title>
<link>http://www.haaze.com/story.php?title=globecomm-opens-door-to-4g-for-hosted-wireless-carriers</link>
<comments>http://www.haaze.com/story.php?title=globecomm-opens-door-to-4g-for-hosted-wireless-carriers</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>arrefrity</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=globecomm-opens-door-to-4g-for-hosted-wireless-carriers</guid>
<description><![CDATA[Globecomm,  a provider of communications technology and services, announced today  that ita4a4s upgrading its wireless hosted platform to allow operators to  easily migrate to 4G LTE service.The  companya4a4s hosted platform currently allows wireless operators to deploy  2G and 3G networks without building network infrastructure of their  own. With 4G being the hot mobile topic of 2011, Globecomm is  anticipating future demand for 4G from its customers by gearing up its  network for LTE.Globecomm announced its upgraded wireless platform at the CTIA Wireless 2011 conference in Orlando, Florida, one of the mobile industrya4a4s biggest annual events.The  company says that its renewed hosted platform will involve moving both  its CDMA and GSM 3G services to 4G LTE, which should improve wireless speeds ten-fold. Globecomma4a4s hosted platform offers  the same services as a typical wireless carrier, including SMS, MMS,  voicemail, as well as prepaid and post-paid billing arrangements. The  platform is an ideal solution for wireless operators that need to deploy  more coverage in low-population areas, need to link up separate  wireless networks, or want to add new features to existing networks.Its  customers include small mobile operators like Indigo Wireless.Photo via Ed YourdonThis post is sponsored by Sprint, the Now Network. Learn more here.  As always, VentureBeat is adamant about maintaining editorial objectivity. Sprint had no involvement in the content of this post.Next Story: Japan quake endangers a quarter of world&amp;'s chip production Previous Story: How to publicly embarrass yourself with the Nintendo 3DS (hands-on video demo)PrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: 3G, 4G, carriers, LTE, wirelessCompanies: Globecomm, Indigo Wireles          Tags: 3G, 4G, carriers, LTE, wirelessCompanies: Globecomm, Indigo WirelesDevindra Hardawar is VentureBeat's lead mobile writer and East Coast correspondent. He studied philosophy at Amherst College, worked in IT support for several years, and has been writing about technology since 2004. He now lives in Brooklyn, New York. You can reach him at devindra@venturebeat.com (all story pitches should also be sent to tips@venturebeat.com), and on Twitter at @Devindra. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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