Block Inc (SQ): Square's Ecosystem Keeps Getting Str...

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Friday, 02/01/2019 4:02:28 PM

Friday, February 01, 2019 4:02:28 PM

Square's Ecosystem Keeps Getting Stronger
By: The Motley Fool | February 1, 2019

Square’s latest product is designed to differentiate the company's payment processing solutions and keep more money within the ecosystem.

Square (NYSE:SQ) recently announced the launch of a debit card product designed for its payment processing customers. Not only can these merchants access their revenue right away, but Square is giving a 2.75% discount when the debit card is used at other Square customers' businesses.

In this Industry Focus: Financials clip, host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss what this means for Square and its investors.

A full transcript follows the video.

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