Square with Geo fencing is now at US based Starbucks

Source - venturebeat.com

Earlier today, buzzy mobile payments start-up Square, Inc. announced a partnership with Starbucks to process credit card transactions at 7,000 Starbucks shops across the U.S., and to make Square’s mobile phone app an option for payment, as well.

Customers will be able to use the free Pay with Square smartphone app, too, which usually enables a user to walk into a Starbucks store, activate a tab on the app that virtually announces their arrival at that location, and pay for a coffee just by walking up to the register and saying their name. With Starbucks, it will involve showing a 2-D bar code. Dorsey said today that he hopes to see more use of the “geo-fencing,” hands-free technology in the future. For more on how this works look here .

For now, Square will only work at U.S.-based Starbucks locations. But Square hasn’t hidden its intent to expand overseas, and partnering with Starbucks is certainly a step in that direction. “We’re pushing hard to bring Square outside of the United States, and you can expect to hear more on that,” Dorsey said. Square-Starbucks payments are for iOS and Android smartphone users only.

How secure is Square at Starbucks? Dorsey said that Square isn’t adding additional layers of security for the Starbucks transactions, and that Square continually verifies the protections it has put into place for transactions. He did say, however, that Square would be pushing harder for people to use a legitimate photo of themselves — not a random avatar — in the Pay with Square app, for verification purposes; and that users have the option to set a PIN code on the app to prevent a fraudster from using it. A representative from Square added that the company will be working to integrate “chip and PIN” technology as that standard for payments makes its way here to the U.S., and as Square makes its way abroad.


(Source)