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Mobile payments: Retailers weigh cost of using Amazon’s system, even if price is right

Will book sellers, bike shop owners and electronics stores use Amazon as its payment provider if they are already worried about it stealing their business? Earlier today, Amazon rolled out a new mobile payments service that looks like a great deal. For an introductory period, lasting 16 months, Amazon will charge retailers 1.75 percent per transaction, and once that period ends, it… Read More


Amazon unveils credit card reader, takes swipe at Square

Continuing its quest to dominate nearly every corner of the retail experience, today unveiled a new $10 credit card reading device called Amazon Local Register. The card reader and mobile app represents a direct attack on Square, since Amazon is launching with a rate of 1.75 percent per card swipe. That’s a full percentage… Read More

In Seattle, Caviar partners with about 40 restaurants.

Get it while it’s hot: Square fuels food delivery frenzy with Caviar acquisition

Update, 10:10 a.m.: Now it’s official: Square announced this morning that it has indeed acquired Caviar. Terms of the deal were not disclosed, and Caviar CEO Jason Wang notes in a blog post that his company will continue to operate independently for now. “Today, we’re excited to announce that Caviar is joining Square,” Wang wrote. “Together… Read More

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Tech Moves: Amazon exec leaves for Square, Edifecs expands leadership team, and more

—Alyssa Henry has joined Square as its head of Engineering, the company announced today. Prior to her work at the payments company, which is helmed by Twitter co-founder Jack Dorsey, Henry served in a number of engineering leadership roles at Amazon, and was most recently the Vice President of Amazon Web Services Storage Services. Prior to that,… Read More


Starbucks roasted over Square confusion, glitches

Have you tried Square to pay for your coffee at Starbucks? If your experience was anything like what FastCompany’s correspondents and volunteers have gone through, you might not want to try it again. The site today published an extensive piece documenting the futile attempts of various Starbucks baristas across the country to get the much-ballyhooed… Read More


Square without the dongle: Buck debuts free mobile invoice service

Many paper products are moving to the digital world. Buck, a Seattle-based mobile payments company, is following suit and helping businesses save time with paperless mobile invoices. The latest product from Buck is called Mobile Invoice, a free service that allows any company to send invoices via mobile phone and receive payments immediately. There is no software… Read More

Keith Rabois

Square COO resigns over sexual harassment claims

Square COO Keith Rabois is departing the mobile payments company due to sexual harassment allegations. Rabois penned a blog post about his decision, denying the allegations but saying that he did not want this situation to be a distraction for the company. He says he was in a physical relationship with another Square employee, but then states these… Read More


Now for sale at Starbucks: Square mobile card readers

Starbucks offers much more than coffee; food, CD’s and mugs, just to name a few. Now, you’ll be able to buy mobile card readers as well. Less than two months after Starbucks and Square formally rolled out their partnership to allow coffee lovers a new way to pay for their java, customers can now buy Square mobile card readers… Read More


Tech Moves: Zillow hires VP; Zac Cohn joins Liffft; Black Pixel rehires Square vet; etc.

Zillow has hired Chris Crocker as vice president of strategic partnerships, bringing 16 years of experience to the online real estate company. Crocker, who will develop partnerships with brokers, previously served as regional vice president of operations for the Southwestern U.S. region of NRT, one of the nation’s largest real estate brokerages. Crocker will work alongside Bob Bemis,… Read More


Windows Phone fans petition Square, Instagram, Google for apps

Are you using Windows Phone but missing a favorite app? Maybe an online petition will do the trick. That’s the strategy being tried by some Windows Phone users in an attempt to get companies such as Square, Google and Instagram to make versions of their apps for Microsoft’s mobile platform. It’s a testament to the loyalty of Windows Phone fans,… Read More


Newsmakers: Adam Brotman gives Starbucks a digital jolt

Typically, around these parts at least, technological innovation is associated with tech titans like Microsoft, Amazon and Boeing. But there’s a bit of a technological revolution brewing at one of Seattle’s other big brands: Starbucks. Make no mistake about it, Starbucks is still very much about the coffee experience. But the world’s best known coffee… Read More


Baristas rejoice: Digital tipping coming to Starbucks apps next year

Purchasing a tall vanilla latte at Starbucks could get a little easier beginning next month thanks in part to the company’s partnership with mobile payments technology provider Square. In a presentation at the Starbucks Global Leadership Conference in Houston today, Starbucks CEO Howard Schultz and Square CEO Jack Dorsey announced that the Square technology will be rolled… Read More


Starbucks invests in Square at reported $3.25B valuation

Square, which has developed a portable credit card reader for iPhones, iPads and Android, has closed out its series D financing round from Citi Ventures, Rizvi Traverse Management, Starbucks and others. The company didn’t release the terms of the deal. But Tricia Duryee at All Things D reports that the three-year-old San Francisco payments company raised $200… Read More

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Battle of the mobile wallet: Target, Wal-Mart and others team up against Google

It sounds like such a simply great idea, a mobile wallet in your smartphone, right? Major retailers, including Wal-Mart, Target, Best Buy, among others, think so. That’s why they announced today that they’re joining forces to form the Merchant Customer Exchange, or MCX, and are creating their own collective nationwide mobile commerce network. MCX, while… Read More


Starbucks teams with Square for payments, invests $25M

Starbucks is partnering with Square to process transactions in its stores, and investing $25 million in the mobile payments company — promising to change the way people pay for their coffee and dramatically increase the footprint of the San Francisco-based startup. The companies announced the deal tonight. Howard Schultz, the Starbucks CEO and chairman, will join… Read More


T-Mobile starts offering Square credit card reader

T-Mobile USA says it will start offering the Square mobile credit-card reader in selected stores as part of an effort to court small business customers. The company says it’s the first wireless carrier to stock the Square device. Apple, Best Buy, Radio Shack and other retailers also offer the the Square device. The device, which… Read More


Inner Fence debuts iPad credit-card reader, rivaling Square in mobile payments

Inner Fence, the Redmond company taking on high-profile San Francisco startup Square in mobile payments, today released a credit-card reader accessory for merchants on Apple’s iPad. The accessory plugs into the iPad dock connector, and merchants can use it with Inner Fence’s existing Credit Card Terminal app for iPad. The company already has a credit-card reader accessory… Read More