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 at Starbucks’ 7,000 coffee shops. They will be sold for $9.99 with a $10 credit that buyers can redeem.
Starbucks has already partnered with Square to process transactions in its stores and invested $25 million in the company last August, promising to change the way people pay for their coffee and dramatically increase the footprint of the San Francisco-based startup.
Howard Schultz, the Starbucks CEO and chairman, joined Square’s board as part of that agreement.
Since the fall, Starbucks began accepting payments from the “Pay with Square” app, which links to the user’s credit card and lets them pay by app. Capabilities of the app include automatically opening a digital “tab” in the app when walking in the door of a participating store.
Previously on GeekWire: Starbucks vets emerge with $10 million for mobile payments startup Cardfree