Beginning today, consumers may pay for their Starbucks Coffee Company purchases using the Square Wallet application for iOS and Android devices.
Square is taking its first steps outside of the U.S. market, expanding its mobile payment processing services to Canada. Square will make its signature Mobile Card Reader available to iOS and Android device users across Canada.
PayPal is now selling its PayPal Here credit card reader at 1,800 AT&T Mobility stores across the country. The partnership represents PayPal Here's first U.S. retail deal.
Square has abruptly shut down Checker, a pilot service enabling New York City taxi passengers to more efficiently pay their fare via credit card.
During a leadership conference in Houston, Starbucks executives said that the company will begin using Square Wallet for mobile payments starting in early November. At that time, customers will be able to use the Square directory to find more than 7,000 U.S. Starbucks stores.
Amazon is reportedly working on a mobile payments reader that would pit the digital commerce giant against services like Square and PayPal Here.
Groupon is rolling out a new mobile payments processing platform that promises lower merchant costs than rival efforts from Square and PayPal.
Square has closed its Series D financing round, led by investors including Citi Ventures, Rizvi Traverse Management and Starbucks Coffee Company. The New York Times reports the round totals about $200 million, valuing the mobile payments startup at $3.25 billion.
PayPal is teaming with Discover to extend its fledgling mobile wallet service to millions of additional retail locations across the U.S., striking a major blow in the battle for m-commerce supremacy.
Square is rolling out a new flat-rate pricing option for small business users, enabling merchants who process up to $250,000 per year to pay a monthly fee of $275.