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Starbucks beefs up mobile payments with Square partnership

Starbucks and Square have announced a groundbreaking new partnership on Wednesday, which includes a $25 million investment into the mobile payment startup as part of its Series D financing round.The deal will bring Pay with Square into all of Starbucks' approximately 7,000 participating company-operated retail stores this fall, where users will also be able to search for their closest Starbucks from within the Square Directory.The move also allows Starbucks customers to find other local businesses who accept Pay with Square, which is likely to be a nice boost to small...

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Published By: Tech Radar - Wednesday, 8 August, 2012