Starbucks Hints At Adding Mobile Payments Features

What's Next In Payments®
6:31 AM EDT January 28th, 2013

Starbucks hinted towards adding several mobile payments features in the coming year during their Q1 earnings call.

“Over the next few months or so, we’ll be coming back to you and sharing with you the plans that we have to take advantage of Starbucks products within CPG, and specifically grocery, and leveraging the technology and the advancement of providing value to our customers that are buying Starbucks products in grocery, and leveraging the card,” said Howard Schultz, CEO of Starbucks.

Starbucks said mobile now accounts for around 20 percent its of its overall card transactions, and that it sees 2.1 million card transactions each week. The company also has plans to add tipping, mobile ordering and personalization to its mobile platform, according to All Things D.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
News
Feds Figure Out Who Did Not Attack Chase
Mobile
You Never Know What You’ll Find On The Internet (Hint Stolen Target Card Data)
Loyalty & Rewards
Starbuck Mobile Ordering Hits Portland, U.S. Launch 2015
News
Why Feds Want EMV For Govt. Debit Cards
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
News
Feds Figure Out Who Did Not Attack Chase
B2B Payments
U.K Small Business Loans Fall Down ~$650 million
B2B Payments
Health Sunshine Act Didn’t Reveal All It Was Supposed To
B2B Payments
Mobile Payments To Benefit From Tech Investments
View All Articles ››