Mobile payments

Startup Square gets a caffeine boost by providing mobile payments for Starbucks customers. The deal also includes credit card processing.

Credit card companies already get a piece of the transaction when consumers use PayPal or Bango to make payments with mobile technology. But can they really compete in the new world of mobile payment?

Barclay’s, JPMorgan Chase, and Capital One announced that they’ll launch a trial program for a mobile payment system this summer, joining the ranks of Google Wallet and other mobile payment programs.

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