Marketplace Tech Report for Thursday, August 9, 2012
The new deal between Starbucks and Square signals a new era of baristas knowing who you are before you enter the store. Starbucks announced it will use the Square payment system for all credit and debit card transactions starting this fall. Starbucks wants to encourage use of Square's app that lets customers pay for drinks without even taking their phone out of their pockets, using a GPS system. The stars may have aligned for this kind of technology, but the privacy issues can get tricky.
The new deal between Starbucks and Square signals a new era of baristas knowing who you are before you enter the store. Starbucks announced it will use the Square payment system for all credit and debit card transactions starting this fall. Starbucks wants to encourage use of Square’s app that lets customers pay for drinks without even taking their phone out of their pockets, using a GPS system. The stars may have aligned for this kind of technology, but the privacy issues can get tricky.
The future of this podcast starts with you.
Every day, the “Marketplace Tech” team demystifies the digital economy with stories that explore more than just Big Tech. We’re committed to covering topics that matter to you and the world around us, diving deep into how technology intersects with climate change, inequity, and disinformation.
As part of a nonprofit newsroom, we’re counting on listeners like you to keep this public service paywall-free and available to all.
Support “Marketplace Tech” in any amount today and become a partner in our mission.
