SAN FRANCISCO (KCBS)— San Francisco mobile-payment company, Square, has bought a Bay Area startup that delivers meals from restaurants called, Caviar, but why?
It dawned on me that Square is already in the business of helping restaurants and other merchants transact payments. So why not add a delivery service where you pre-pay? PayPal is already partnering with a company, Eat24, in a similar fashion. To me it makes sense if you’re in the business of collecting money for restaurants to go ahead and take it a step further and go ahead and deliver the food.