Starbucks Approached Square After Rejecting Every Other Mobile Payment Player

August 8, 2012 — Leave a comment

 

“Just when the mobile payment wars were heating up, Square dropped an A-bomb on the competition. Last night the payment processing startup, previously focused on small and very small vendors, announced a deal with Starbucks. Square will now process all credit and debit payments for 7000 US Starbucks stores. And Starbucks will invest $25 million into Square’s latest monster round of funding. Celebratory frappuccinos all around.”

 

Advertisements

No Comments

Be the first to start the conversation!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s