Starbucks and Square to Team Up - NYTimes.com

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interesting

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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.

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Isn't there a rumor Facebook is working on a payment system?

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Of course.

And don't forget incumbents Amazon and Apple!

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Actually, Apple Passbook is quite brilliant and could change the game entirely.

Stay tuned.

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