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About Square
Square is an electronic payment service, provided by Square Inc. Square allows users in the United States and Canada to accept credit cards through their mobile phones, either by swiping the card on the Square device or by manually entering the details on the phone.
In August 2012 Starbucks announced it would start using Square to process transactions with customers who pay via debit or credit card. The corporation will also reportedly invest $25 million in Square Inc., with Starbucks CEO Howard Schultz becoming a board member of the company.