Starbucks Gets Squared
Twitter and Square Founder Jack Dorsey tweeted that Starbucks signed up to use Square, a piece of hardware smaller than the size of a iPod Mini that turns an iPhone or Android-running smartphone into a credit card reader for merchants. Dorsey explains that Starbucks will build the Square Directory into its apps and in-store Digital Network. Now consumers at the nearly 7,000 Starbucks stores will soon have an option to pay through Square. All Square needs now is a geolocation directory that consumers can search to find nearby merchants that take the payment system.