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by gsibble
4967 days ago
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Well put. People also don't seem to get that Square is not becoming Starbucks's payment processing provider. edit/correction: This article reports that Square will become their processor, but none of Square or Starbucks's actual releases seem to mention this. Interested if anyone can actually clarify. edit 2: Took a while, but I think I figured it out. Square actually is processing SB's payments. It's a big win for Chase Paymentech since they are the actual entity behind Square's processing and a big loss for BofA and First Data. Interesting. Source: http://www.businessinsider.com/square-starbucks-chase-bank-o... |
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