Home Investing Square outage costs small-business owners thousands in lost revenue

Square outage costs small-business owners thousands in lost revenue

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, lost productivity

Small-business owners are feeling the pinch of lost revenue and lost productivity caused by the tech giant’s recent cloud-based disruption. Power outages at Square, a mobile payments company, have resulted in customers and merchants not being able to use their services, leading to huge losses. In addition to lost sales, small-business owners and their employees have had to take time from their workdays to figure out alternative solutions, leading to further lost productivity. As a result, small-business owners have had to absorb the costs of these disruptions, and the impact on their bottom lines can be significant.

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