Mobile Payments Comprise 10 Percent Of Starbucks’ U.S. Revenue

Mobile payments now account for 10 percent of Starbucks’ U.S. revenue, according to Mobile Commerce Daily.

Starbucks revealed that it sees close to four million mPayments transactions a week, up from two million at the end of last year and three million just a month ago. The coffee giant now has more than 10 million active customers using its mobile apps, and that it adds around 80,000 My Starbucks Rewards customers on a weekly basis.

Mobile Commerce Daily notes that My Starbucks Rewards drove around half a million app downloads during Starbucks’ second fiscal quarter through a promotion offering $5 free for new registrations.

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