Starbucks gets Better and Better with its Mobile App, Over 5 Million Payments every Week

Almost 10 Mn consumers utilize the Starbucks mobile payments app to pay for their coffee, croissants and those blueberry chocolate balls. According to the company, they amount to a whopping 5 Million mobile payments every week. Mobile and physical Starbucks Card payments now account for more than 30% of the company's U.S. payments, thanks to a boost in gift card use during the recent holiday season, said Howard Schultz, CEO of Starbucks.

In 2009, Starbucks achieved a breakthrough o ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.