Danish startup FlatPay joins the club of European fintech unicorns to track
Flatpay aims to compete with larger companies by offering small merchants a flat transaction rate for its card terminals and point-of-sales systems.
MAIN POINTS
- Flatpay targets small merchants with its services.
- The company offers a flat transaction rate.
- It provides card terminals and point-of-sales systems.
- The strategy is to challenge larger players in the market.
TAKEAWAYS
- Flatpay's approach could simplify transaction costs for small businesses.
- A flat rate might attract merchants seeking predictable expenses.
- Competing with larger companies requires innovative pricing strategies.
- Offering comprehensive systems could enhance merchant adoption.