Square, an e-commerce start-up founded by Twitter Chairman Jack Dorsey, has started an online marketplace where merchants can sell products and services, such as handmade jewelry and yoga lessons. |
Square, an e-commerce start-up founded by Twitter Chairman Jack Dorsey, has started an online marketplace where merchants can sell products and services, such as handmade jewelry and yoga lessons. The start-up has competed primarily with eBay’s, PayPal and Intuit with a payment dongle that lets merchant’s swipe credit cards.
With its new venture, called Square Market, the company will give sellers a virtual storefront and take a commission from each sale, without holding inventory. (Ref: Bloomberg News)
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