Starbucks has quickly pushed a bug fix update for its app to the store to help address the security flaws found in its iPhone application earlier this week. Researchers originally found that the app stored passwords in plain text. Earlier, Starbucks’ CIO promised in an open letter that an update would follow in response to these findings.
Starbucks introduced a new Starbucks iTunes (RED) eGift basket this holiday season, with help of Apple, to give back to the world. The gift basket is complete with a $15 Starbucks gift card and $15 iTunes gift card. For every combo sold, Starbucks and Apple will donate 5 percent of each purchase (75 cents) to the Global Fund AIDS research foundation. The gift basket can be purchased on Starbuck’s website, where you can also choose to gift it directly to someone. This isn’t the first time Apple partnered with (RED), as it has launched several special edition iPods to compliment the foundation over the years. The same goes for Starbucks, which revealed today it gave $11 million to the Global Fund since December 2008. Pretty nice gift, if you ask me. Who doesn’t like music, coffee, and helping a good cause?
Via: The Loop
Source: Starbucks
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In an announcement on Square’s website today, CEO Jack Dorsey announced Starbucks signed up to accept payments from customers through the Pay with Square iOS app via Square’s iPhone credit card readers and merchant app. Dorsey also confirmed functionality would roll out to nearly 7,000 Starbucks locations soon, while Starbucks locations will be added to the Square Directory. The Square Directory will also soon be accessible from a number of Starbucks platforms including the Starbucks Digital Network and mobile payment app. Starbucks announced in its own press release that it would invest $25 million in Square, while Starbucks’ chairman, president, and CEO, Howard Schultz, will join Square’s board of directors. On top of credit cards, Starbucks will use Square to handle debit payments, which the company said would reduce overall payment processing costs.
Beginning this fall, in addition to the existing iPhone® and Android™ Starbucks mobile payment applications, Starbucks customers will be able to use Pay with Square to pay for their purchases at participating company operated Starbucks locations in the U.S. Customers simply need to download the Pay with Square application and set up an account on their iPhone® or Android™ device.
More than two-thirds of the 27 million small businesses in the U.S. currently do not accept credit or debit cards, in large part because of the expensive interchange fees associated with payment processing, cumbersome application process and required credit checks. Square enables merchants of any size – from sole proprietors to national retailers – to accept credit and debit cards.