You discuss merchant payment services with your uncle. You point to the fancy bakery across the street with "pay-scan" that lets people pay for cookies and cakes with a smartphone. You suggest it could attract upscale customers to the market.
Should you pursue merchant payment services?
Your uncle says its expensive--and fees come later. "Smartphones are not for us," he says. You need to save for school now, not spend money
You pressure your uncle--finally, he agrees to try. But not with his money. You'll apply for a loan to pay the merchant registration fees.
Related findings factor Economic Hierarchies
