Comment on Are You Ready for the New Peer-to-Peer Economy? by Om Malik

You are right. I should have mentioned equipment and that slipped my mind. On their website, Verifone describes itself "We provide solutions, services, and expertise that enable electronic payment transactions and value-added services at the point of sale." Given your description,, Square is an equipment manufacturer as much as a service provider. Its reader is a tiny do-hickey and the software running on a smartphone/tablet -- which is essentially the trend being an emergent trend when it comes to hardware centric innovation.

Comment on Are You Ready for the New Peer-to-Peer Economy? by Om Malik

Backlink: http://gigaom.com/2011/03/11/are-you-ready-for-the-new-peer-to-peer-economy/#comment-607910