square payments
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Square CEO hints at Windows Phone app, says Starbucks funding will go toward 'international efforts'
As you probably have heard -- it's created quite some buzz, after all -- Starbucks just announced a partnership with Square to accept mobile payments via the Pay with the Square app. That's huge news for Square, which currently processes transactions for some 75,000 merchants, as the coffee retailer is one of the largest national chains to integrate with the payment service. At a breakfast in New York today, Square CEO and Twitter founder Jack Dorsey and Starbucks CEO Howard Schultz fielded questions about the partnership's importance. While most of the talk centered on the rollout that will bring Square payments to 7,000 Starbucks stores ahead of the holiday season, the discussion also touched upon other areas of expansion for the mobile payments company. Currently, the Pay with Square app is only available on iOS and Android. Asked whether a Windows Phone app is in the making, Dorsey said, "We will definitely build for where the users are, and we're excited about the Windows Phone interface." Take that as you will. Starbucks will start accepting Square payments ahead of the holiday season, and Dorsey said the coffee retailer's $25 million investment will be used for hiring and to expand "international efforts." Starbucks, which has 18,000 stores in 60 countries, would certainly be a natural partner in any overseas plans.
Sarah Silbert08.08.2012
Square payment system is coming back in full force by 'late summer'
Unsurprisingly, given the small company and big ambitions behind the project, the Square mobile payments system got off to a shaky start earlier this year. Hardware shortages were resolved relatively quickly, but setting up the proper fraud prevention infrastructure without transactional limits -- which, shockingly, were disfavored by merchants -- threatened to shelve the little credit card reader for a long while. Not to worry, though, as today the Wall Street Journal has word that Square is looking to be back in business, kicking ass and taking card numbers, before the summer is through. We're now at an advanced stage of said season, so it shouldn't be too long before those dongle-assisted microtransactions start flowing again.
Vlad Savov08.04.2010
Adafruit is in the Square payment pilot, awesomeness will likely ensue
Our good friends at Adafruit Industries are now taking mobile payments with the best of 'em thanks to a prerelease Square dongle they've managed to score, ostensibly as a part of the public trial announced earlier this month. They've posted a quick video showing the process of taking someone's cash via plastic, and it looks every bit as painless as Square makes it out to be -- just swipe, sign with your fingertip, and your Square-equipped payee is a few dollars richer. The particular dongle Adafruit's been provided looks rough to say the least -- these aren't the units you'll be getting off the shelf -- but that's part of the fun of being involved with a beta, isn't it? Head over to Adafruit to peep the video, and needless to say, we're curious to see how they plan to make use of this little bugger.
Chris Ziegler02.25.2010