Square partners with Whole Foods

Thursday 13 February 2014 08:09 CET | News

Mobile payments company Square has entered an agreement with Whole Foods in what is its first partnership with a national grocer.

Under the terms of the agreement, Whole Foods will use Square Stand and Square Register at in-store venues like sandwich counters and juice bars. Customers who already have Square’s payment app Wallet on their smartphones will also be able to use their mobiles to pay for goods at the select counters.

Whole Foods didn’t reveal how many stores would start using Square’s mobile payments technology.

Whole Foods has already been trialling Square Stand in seven locations in the US.

Square makes money by taking a fee of 2.75% off of transactions.

In recent news, Square has revealed plans of preparations to launch its services in Australia.

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Keywords: Square, Whole Foods, mobile payment, m-payments, national grocer
Categories: Payments & Commerce
Countries: World
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