Larger Sellers Account for 51% of Square’s Gross Payment Volume as ‘Ecosystem’ Takes Root

Square Inc. saw gross payment volume increase 28% year-over-year to $23 billion in the fourth quarter of 2018. The payments processing company said growth was driven by larger sellers who accounted for 51% of that volume, which is up from 47% a year before. GPV from larger sellers grew 39% YOY, easily outpacing the overall rate. Sellers ...Read More

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