Thursday, August 09, 2012

Diigo On Pondering Primate 08/09/2012 (p.m.)

    • Starbucks will use its existing point-of-sale registers and infrastructure to add Square to its stores. For now, there won’t be any Square-powered iPad registers, no cute little Square credit-card readers, and no geolocation-powered Square “tab” feature. Starbucks may add more Square features in the future, Schultz said, but for now, it seems mostly a back-end thing. (That’s the easiest, fastest, safest, and cheapest way to start, so it makes sense.) Square will handle credit- and debit-card transactions, but Starbucks’ existing infrastructure will handle the rest.

      Starbucks cashiers will scan a Square barcode on your phone to “pay with Square”, the same way they currently scan a barcode on your phone’s Starbucks app

Posted from Diigo. The rest of my favorite links are here.

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