Cards Are King: A Majority of Canadians Are Now Card-First Buyers
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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US:NYSE Investor Relations:
squareup.com/about/investors
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Source: Business Wire
New study reveals small businesses are missing out on sales by not accepting cards TORONTO--(BUSINESS WIRE)-- A national study, commissioned by payments and point-of-sale company Square, reveals 79% of Canadians are now “card-first” buyers who typically try to pay with a debit or credit card first when making purchases. A further two in five Canadians (41%) describe themselves as “card-only” buyers who never use cash to pay for their purchases. In fact, three out of four Canadians (75%) are carrying less cash than in the past with an average of $46.50 in their wallets right now and admit they haven’t visited a bank or ATM to withdraw cash in more than two weeks (17 days to be exact). The way Canadians prefer to pay affects where they choose to buy, with over two-thirds of Canadians (69%) saying they would be more likely to buy from a local business if they can pay by card. This will come as a
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- Block, Inc. (NYSE: SQ) had its "positive" rating re-affirmed by analysts at Susquehanna. They now have a $100.00 price target on the stock.MarketBeat
SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 4/15/24 - Form 8-K
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- SQ's page on the SEC website