In 2009, a company called Square announced its presence. Founded by former Twitter CEO and co-founder Jack Dorsey, Square has been aiming to change the way we pay for goods and services via smartphone apps.
Today, the company announced a new partnership with coffee shop retailer Starbucks where customers will be able to use the Pay with Square app to purchase coffee and other products at some Starbucks stores later this fall. Square will also handle all of Starbucks' credit and debit card transactions. In return, Starbucks will invest $25 million in Square.
So far, the Pay with Square app is only available for iOS and Android devices. However, Engadget reports that, when asked about a possible Windows Phone app, Dorsey said, "We will definitely build for where the users are, and we're excited about the Windows Phone interface."
Windows Phone seems to be growing its market share of late. Two separate reports, one from Canalys, and the other from IDC, indicate big jumps for Windows Phone devices in the second quarter of 2012, though it still trails iOS and Android in market share by a large amount.
Microsoft hopes to gain some new users when Windows Phone 8 is launched sometime later this fall. Nokia could announce its first Windows Phone 8 products in September.
Source: Engadget
5 Comments - Add comment