World's biggest bank in 2023: Starbucks?
Posted by Terra Nova [HTML][XML][PERM][FULL] on 22 January 2013, 11:18 am
Edward CastronovaSquare. Square has invented a smooth, cheap, flexible virtual transaction system. Paypal works only online. Dollars work only offline or online through expensive credit card companies. Square instantly makes offline transactions into online ones, utilizing small-computer technology.Your smartphone talks to Square. Starbucks. A coffee seller with 17,000 locations.They also have a customer loyalty program. Buy stuff, get Stars. You can spend your Stars in Starbucks or at their online store. Square and Starbucks have struck a payments deal. As an astute analyst has pointed out, Starbucks can now use the Square system to extend the purchasing power of Stars. Square's...

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