Is Square Evolving Into a Threat to GrubHub?

Square (NYSE:SQ) recently launched Square for Restaurants, which merges all of a restaurant’s operations — from booking tables to managing payments — in a single platform. It’s also integrated with Square’s food delivery service Caviar.

That’s a smart move for Square, since it leverages its growing payments business to bolster its disruptive presence against traditional POS (point of sale) systems providers. Square could also boost its revenues per restaurant by cross-selling products like accounting software and loan packages.

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