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Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. It was founded in 2005 by Dax da Silva , who was its CEO until February 2022. [ 6 ] It has offices in Montreal, New York , Ottawa , Toronto , London , Belfast , Amsterdam , Berlin , Geneva , Ghent , Melbourne , Ulyanovsk , Yerevan and ...
In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...
Lightspeed Capital offers fast access to capital and an automatic repayment method through Lightspeed Payments. Merchants are using this offering to finance inventory, to upgrade equipment, and to ...
These fees are set by the credit card networks, [1] and are the largest component of the various fees that most merchants pay for the privilege of accepting credit cards, representing 70% to 90% of these fees by some estimates, although larger merchants typically pay less as a percentage. Interchange fees have a complex pricing structure, which ...
LSPD earnings call for the period ending June 30, 2024.
LSPD earnings call for the period ending September 30, 2024.
Many cable channels charge providers fees in order to carry their content. The fee that the cable service provider must pay to a cable television channel can vary depending on whether it is a basic or premium channel and the perceived popularity of that channel. As providers are not required to carry all channels, they may negotiate the fee ...
In July 2011, Lightspeed acquired Greenmoor Financial Group, expanding its offerings in options. [ 12 ] [ 13 ] [ 14 ] In 2018, it was sold to Wedbush Securities [ 15 ] by its prior owner Professional Trading Solutions, which LLR Partners had invested in. [ 16 ] In the transaction it merged with Lime Brokerage, LLC, an agency brokerage owned by ...