Shopify

Fast Company - - Most Creative Companies -

MILE­STONES E-com­merce plat­form Shopify is chal­leng­ing Square’s brickand-mor­tar pres­ence with a new chip-and-card reader. Shopify’s first foray into hard­ware charges mer­chants a 2.4% trans­ac­tion fee, un­der­cut­ting Square’s 2.75%. CHAL­LENGES Square has a big lead with small to medium busi­nesses: More than 2 mil­lion mer­chants al­ready use its hard­ware and soft­ware. BUZZ

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