Every revolution has its tipping point, and for the mobile commerce revolution, that signature moment arrived Tuesday, when Starbucks announced it would begin processing all credit and debit card transactions using Square's mobile transaction technologies.
Starbucks will soon begin processing all credit and debit card transactions using Square's mobile commerce technologies, a move to slash operational costs across the coffeehouse chain's 7,000 company-owned U.S. locations.
A Square executive said it is unlikely his company would consider working with archrival PayPal in any capacity, stating their respective cultures are "too different and fundamentally incompatible."
Cash is far from dead, but its days definitely appear numbered. A third of U.S. consumers have now made payments via mobile device, roughly double the percentage of Americans leveraging m-payment capabilities just one year ago.
VeriFone is extending its SAIL mobile payment platform to devices running Google's Android mobile operating system.
Square is rolling out new customer rewards features enabling merchants to offer in-app loyalty programs and related services.
More than 2 million businesses and individuals are now accepting credit and debit cards via the Square mobile transaction platform, up from 1 million just six months earlier.
Intuit has integrated its GoPayment mobile transaction processing application into the newest edition of its QuickBooks Point of Sale tracking and management suite. GoPayment competes head-to-head...
Square signed new retail agreements with Walgreens, Staples and FedEx Office, doubling the number of locations selling its signature credit card reader to 20,000. The Square Card Reader is now...
Square Director of Products Megan Quinn has resigned her post to join venture capital firm Kleiner Perkins Caufield & Byers. Quinn will join the company's digital group, where she will focus on