Posts Tagged ‘Double Diamond Group’
Grow Revenue and Expand Your Reach: PF WORLD 2019 is Just Weeks Away!
PF WORLD 2019 is just weeks away! And we have an impressive lineup for you this year. This two-day event addresses everything prospective PFs need to know about being successful in the payment facilitator landscape.
Read MoreShould You Become a PF? Debaters Take on the Big Question at PF WORLD 2018
This fall’s PF WORLD 2018 event was intended to educate participants about the considerations behind becoming a payment facilitator and integrating payments into software platforms successfully. But perhaps the most anticipated question was should you become a payment facilitator at all?
Read MoreWall Street Loves Comparisons, Which Is Why Square Is Driving It Crazy
As PF extraordinaire Square begins its IPO perp walk (aka roadshow), it is seeing consumer media criticism (such as this piece from USA Today) that its numbers are not as strong as so-called contemporaries. The problem is Square’s business model and execution approach is truly different, so much so that there are hardly any comparably-sized companies that are apples-to-apples comparisons—and certainly none that are already publicly-held.This concern is oft-cited by startups who claim to have no competitors, but with Square, the differences are much more significant.
Rick Oglesby, a senior analyst with payments consulting firm Double Diamond Group and a longtime tracker of Square, said he was concerned about the influence exerted by comparisons like the ones USA Today made.”This article keeps talking about tech companies and, if that’s the benchmark, then it probably isn’t that pretty. But if the benchmark is payments companies, Square is very pretty,” Oglesby said. “This is not a Facebook or a Twitter, but relative to the competitors listed in the article—which aren’t really even competitors—I’ll take Square.”
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