Re: Did anybody else
Now that's sort of a funny thing, I was at the cannabis store a few hours ago so...Cannabis outlets in Washington State are Cash-Only ... "though I have heard" there are cannabis dispensaries in Greater Seattle that take square (and there's a link on CNNMoney FWIW), I've not personally been in one that does.
1. Some of that is privacy in that folk generally don't want "Bought 3.5g of Alaskan Purple Thunderfuck (a real thing) + 4Lbs of Brownies" on their ATM. Some of that is the Major Banks won't touch them...HOWEVER, the place I was just at seemed to get a loan just fine for building out the interior (used to be a feed store in Redmond 30 years ago) and exterrior of the building.
2. There is ALWAYS one of those portable ATMs in the dispensary (and the security knows to sweep for skimmers). Banks might not want in...those ATM guys will show up *Anywhere*. Someone wants a cut of that pie and the fact that it's those guys surprises me, not at all.
3. The Inventory Management (massive stock rollover, like, daily) and Point Of Sale (Fixed AND Mobile Tablets, "server" upstairs) is so dialed-in that I'm astonished. Socketing Square into their systems would literally be Plug-And-Play (I'm excluding interoperability with existing accounting but I'll bet you QuickBooks is ~90% adoption, and that's trivial).
The Better Half just switched from PayPal to Square for her business and it's been dreamy (guess who does "IT" for her business....go on, guess). The "POS" is an 8" Galaxy Tab with 4G, or her phone, or her other phone, or my fondleslab if it's handy, or my phone in a pinch (with DEVICE management from the $Diety console, which I thought was cool), and "Product Management" is (please forgive me, but it's true) "Robust".
If Square is indeed picking up the industry, that gives them some states on the East Coast I don't care about, DC (care less), Colorado, and The Entire West Coast (Ca, Or, Wa) , or; The 6th largest economy in the world (I'm adjusting for our astronomical cost of living versus the UK).
There is No Way Jack Dorsey is going to leave that money sitting on the table ... for long. And if he does? Cool! Some plucky little upstart will come along and pick it up, and they'll be rolling in dosh to do other nifty things.