Starbucks and Square to Team Up - NYTimes.com
Eric Barker stashed this in Tech
The most interesting thing is that Howard Schultz quit Groupon's Board a few months ago.
Groupon is working on a product to compete with Square.
As are PayPal, Intuit, Verifone, and Google.
Suddenly payments is HUGE business. And we've only just begun.
Isn't there a rumor Facebook is working on a payment system?
And don't forget incumbents Amazon and Apple!
Actually, Apple Passbook is quite brilliant and could change the game entirely.