"Which offering is Square putting out that is cheaper?"
The square offering comes in at 1.6% not including up front costs, has horrible integration's with existing PoS Partners across Australia which are the go to for most SME to Enterprise customers who need more than a digitized cash register that Square offers. The only Market Square services effectively are small - micro merchants. There is NO FUNCTIONALITY in their PoS system so you often have to take on Kounta, Vend, Retail Express (Etc) and find a payment integration with either Tyro or the big 4... There is no other option square can offer you if you have an need for effective inventory management or you require certain hospitality functions.
Your research is essentially this, Square has a big market cap, Square has a cool logo, Square is from the US. Therefore it will eat up Tyros marketshare. Deeeerp. They have completely moved away from the Square branding to focus on blockchain technology and what I suspect to be a big player in De-FI, so I suspect Square the terminal to be put to the side-lines for grander projects.
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