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New Starbucks pay plan

CREATED Aug. 8, 2012

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Paying for your latte is about to get a whole lot easier. Starbucks will soon be accepting payments with just your name.

The coffee chain has made a deal with a company called Square. The new system will allow customers to pay by just giving their names the transaction is then recorded on the person's stored credit card. Starbucks says customers will be able to use the system at 7,000 participating stores later this fall.