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What Square’s Deal With Whole Foods Means for PayPal and Amazon

By Matt Koppenheffer and David Hanson – Feb 16, 2014 at 9:30AM

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Square is teaming up with Whole Foods.

Consumers see Square at nearly every farmer's market, but now they are likely to see company behind the white check-out attachment at their local Whole Foods (WFM). As Square partners with more national retailers, what does this mean for eBay's PayPal unit and Amazon's plans to enter the payments space.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the partnership, why it's good news for Visa (V 0.30%) and MasterCard (MA -0.20%), and what they think will happen in the long-term.

John Mackey, co-CEO of Whole Foods Market, is a member of The Motley Fool's board of directors. David Hanson owns shares of Whole Foods Market. Matt Koppenheffer owns shares of The Motley Fool recommends, eBay, MasterCard, Visa, and Whole Foods Market. The Motley Fool owns shares of, eBay, MasterCard, Visa, and Whole Foods Market. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Stocks Mentioned Stock Quote
$94.13 (-1.44%) $-1.37
Whole Foods Market, Inc. Stock Quote
Whole Foods Market, Inc.
Mastercard Stock Quote
$360.06 (-0.20%) $0.74
eBay Stock Quote
$45.20 (0.09%) $0.04
Visa Stock Quote
$217.66 (0.30%) $0.66

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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