Square steps into the mainstream, inks payment deal with Starbucks as coffee giant invests $25m

Square Register

Square Register

Jack Dorsey’s mobile payment startup Square has just taken a significant step towards the mainstream after it announced a tie-in with retail giant Starbucks. The company, which is now processing more than $5 billion per year, will handle all credit cards transactions with the coffee giant. The payment partnership will come into effect at 7,000 outlets across the US this fall, and Starbucks customers will be able to use Pay with Square to pay for their purchases on their iPhone or Android device. Read the full story at The Next Web.

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Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).