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Technology Stocks : Block, Inc. (formerly Square)
SQ 75.94+2.7%Oct 31 9:30 AM EST
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From: AmigaComputer6/28/2019 12:15:29 AM
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The moment Square bought Weebly the inevitable collision course between Square and Shopify was cast.

For those unfamiliar, Weebly and Shopify make it possible for small businesses to set up an e-commerce website quickly. Remember GeoCities? Same thing, but wrap it in a theme for shops (e.g. a checkout cart). The idea has been done before -- many times in fact -- but the me-too idea is here again with a shinier presentation...that's Shopify/Weebly in a nutshell. To combat the move, Shopify has recently begun selling POS hardware to allow small traders to accept credit card payments, a core business of Square. The competition is getting fierce in the fintech industry.
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