Starbucks has inked a deal with Square that sees the coffee chain commit to using the start-up's mobile payments technology in its stores, entrust it with all US card transaction processing and stump up $25 million towards a funding round.
Am I missing something here? The USA has just started on a migration to EMV so the Square Reader will soon be a thing of the past regardless of how high tech the thing is it's plugged into.
to £90K base, double OTE, share optionsLondon, UK
© Finextra Research 2015