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Starbucks partners with Square for mobile payments in USA

Coffee chain Starbucks has partnered with mobile payment company Square to introduce the ‘Pay with Square’ app at around 7.000 US Starbucks stores. In addition, Square will process Starbucks’ US credit and debit card transactions.

Starbucks is investing $25 million in Square with its chairman, Howard Schultz, joining Square’s Board of Directors.

Jack Dorsey, co-founder and CEO of Square, said “We’re proud that Starbucks chose Square, as we share the value of always putting customers first. More than two million individuals and businesses can already use Square. This partnership will accelerate our ability to provide them with the tools they need to grow their business and thrive in today’s economy.”

The ‘Pay with Square’ mobile payment app will be accepted from the autumn alongside the existing iPhone and Android Starbucks payment applications in the USA.

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Author: The Fonecast
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Tags: usa payments starbucks square

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