When Square was launched in 2009, the market was intrigued to see how their dongle-based solution, with an easy boarding process and simplified pricing strategy, would impact the U.S. merchant acquiring space. It was a revolutionary approach to card acceptance and has since inspired many competing solutions.
Click here to read TSG’s full analysis.
Now six years later with an IPO pending, TSG reviewed Square’s S-1 Filing and prepared the subsequent snapshot of their merchant portfolio in the U.S. market.  Please note that this report contains estimates that should be viewed as directional in nature that reflect a blended time period over the past 12 months.
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