Square has won a significant deal with Starbucks, which will see it processing all of the coffee chain's credit and debit transactions, as well as allowing customers to pay using Square's payments system.
It looks like Square might want to stop cutting corners if they want to be taken seriously. Yesterday, researchers at the Black Hat security conference showed two ways in which the Square payment system could be used to commit fraud.
While telcos in the US are starting to accept the principles of net neutrality, their European counterparts are taking a different approach. They're asking for companies such as Facebook, Apple and Google to help pay for network investments as data usage soars.
AT&T and Verizon are following the lead of overseas operators and introducing a wireless electronic payment system.