Pay With Square at Starbucks: The Biggest Moment Yet for Mobile-Phone Wallets

Square will handle Starbucks’ credit card processing and Starbucks will promote local businesses which accept Pay With Square. And Starbucks is investing $25 million in Square and its Chairman, President and CEO Howard Schultz will join the payment startup’s board.

The big news is Pay With Square being deployed across Starbucks — and it is, indeed, big. At the moment, Pay With Square is accepted at around 40,000 locations — mostly neighborhood businesses such as independent coffee shops, restaurants and beauty salons. The agreement with Starbucks will put it in a major nationwide chain for the first time, and therefore puts it in closer competition with Google Wallet, which is already accepted at Home Depot, Office Depot, Starbucks rival Peet’s, Macy’s, RadioShack, 7-Eleven and other major merchants.

#tech #square #mobile #payments

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  1. wex reblogged this from courtenaybird and added:
    No wonder my Barista friend got one.
  2. dayone187 reblogged this from emergentfutures
  3. 39lab reblogged this from courtenaybird and added:
    Let the battle for mobile wallet begin!
  4. purple-xity reblogged this from emergentfutures
  5. ipodrepairclinic reblogged this from emergentfutures
  6. emergentfutures reblogged this from courtenaybird
  7. josephgojo reblogged this from courtenaybird
  8. xstex reblogged this from courtenaybird and added:
    This is brilliant for Square and consumers. I really hope Square hits the UK at some point in the future.
  9. This was featured in #Tech
  10. kimpletelychic reblogged this from courtenaybird
  11. courtenaybird posted this