News, Education and Events Decoding Digital Payments & Fraud

News, Education and Events Decoding Digital Payments & Fraud

Starbucks Begins Selling Square Readers – Jan 7. 2013

Starbucks Begins Selling Square Readers 

Jan. 7, 2013

In an effort to “show its commitment to Square,” coffee mega-retailer Starbucks on Friday announced it had begun selling the mobile payments processor’s plug-in card reader at its more than 7,000 U.S. locations. While the card readers are not required to make payments at Starbucks—customers can use Square Wallet payments and Square processes traditional credit-card payments at the counter—the company thinks selling the readers is a natural fit.   Starbucks feels its stores are a common place for small business people to meet and work.

Starbucks kicked off the partnership this summer when it chose Square to process credit and debit card transactions. The companies followed up in November when they announced Starbucks would accept Square Wallet mobile payments at its U.S. locations.

Square readers cost $10 at Starbucks, but new users get the $10 rebated when they sign up to begin accepting credit cards using the Square app.

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Daniel Leibovitch