Square launches mobile payment service at 7,000 Starbucks
Mobile payments processor Square will launch its payments service at 7,000 Starbucks coffeehouses tomorrow.
In addition to processing credit and debit card transactions, Square's agreement with Starbucks allows customers to make purchases at the coffee shops with Square Wallet-- Square's payer app. The launch comes three months after the two companies announced an extensive partnership in August, in which the coffee giant also announced a $25 million investment in the payment startup.
Square Wallet links directly to customers' credit or debit card accounts, allowing users to tap "pay here" or scan a QR code to pay for purchases without having to worry about reloading the app's available funds. The app, which debuted today for iOS and Android devices, also allows users to explore nearby businesses, browse store and menu information, and review transaction history.
