Starbucks cashless store rolls out, pushing mobile payments further

Starbucks cashless store Mobile Marketing

The coffee chain has been among the top performers in American smartphone based transactions. A new Starbucks cashless store pilot is rolling out in the United States. The Seattle based café chain has chosen its home town to try out a new concept that rejects cash in favor of mobile payments and plastic card based transactions. The downtown Seattle store will accept only mobile payments, credit cards and debit cards. The Starbucks cashless store pilot has already generated some mixed reviews among customers. While some find that it is a…

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JPMorgan Chase enters into new Kroger mobile payments deal

JPMorgan Chase tower - Kroger mobile payments

The Chase Pay mobile wallet will soon be entering the largest American supermarket chain. Kroger mobile payments will soon become an option for customers at the massive U.S. grocery store chain by way of a new deal with JPMorgan. The reason is that the supermarket has agreed to start accepting the bank’s mobile wallet, Chase Pay starting next year. The announcement of the mobile payment agreement was made jointly by both companies. The Chase Pay wallet will start being available for Kroger mobile payments at the start of next year.…

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Octopus QR code launches in Hong Kong for taxi mobile payments

taxi Octopus qr code tracking

The digital transaction operator’s goal is to encourage cabbies and passengers to stop using cash. A new Octopus QR code service is rolling out in Hong Kong to make it easier for the 40,000 taxi drivers throughout the city to accept mobile payments instead of cash. So far, the reception from cabbies hasn’t been all that enthusiastic as they want greater incentives. Taxi drivers see the potential of the Octopus QR code, but are hoping to be given greater incentives to start using it. They also want a boost in…

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Zimbabwe mobile payments get a shot in the arm from cash crisis

zimbabwe mobile payments bitcoin

The country is suffering from a shortage of cash as Bitcoin simultaneously makes its presence larger. A suddenly downward shift in the availability of cash has driven Zimbabwe mobile payments into a position in which it is experiencing rapid growth. This represents quite a change for the country which has always had a glut of banknotes available. In fact, the $100 trillion note actually exists. However, the country has suddenly found itself in a position of cash shortage, forcing other transactions into popularity. As Zimbabweans search for ways to pay…

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QR code transactions grew by 400 percent this year, says MobiKwik

wallet qr code transactions mobile payments

The quick response code usage growth rate is credited to the ease of barcode deployment and scanning. MobiKwik, a large mobile wallet provider in India, has announced that QR code transactions have grown by 400 percent throughout 2017, so far. The company credits the simplicity of quick response code deployment and use for the rapid growth rate. The mobile wallet company has launched its services throughout India based on QR codes. “QR codes will drive digital payments in India and major use cases such as milk, grocery and small mom…

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American mobile payments infrastructure half a decade behind India’s

mobile payments infrastructure adoption trends

Ezetap CEO, Bobby Bose, recently stated that the Indian systems are “five years ahead of the U.S.” The American mobile payments infrastructure is far from a global leading marketplace, according to recent Ezetap CEO statements. The head of the Indian mobile payment firm, Bobby Bose, said that his home country’s infrastructure “is probably five years ahead of the U.S.” India is undergoing a massive shift toward the digital marketplace and most consumers are choosing mobile. “India is going through a digitalization of almost everything. It started with commerce, went to…

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Mobile payments use is mainly for transportation and restaurant bills

mobile payments use

A new survey shows that there are some very specific reasons for which smartphone wallets are used. A new Market Intelligence and Consulting Institute under the Institute for Information Industry study provided insight on mobile payments use. It showed that consumers are using mobile wallets most frequently for paying for their meals at restaurants and for buying fare on transportation services. The mobile payments survey showed 76.4 percent of consumers who used the tech did so to pay at a restaurant. Another 33.2 percent of mobile payment use was for…

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Apple mobile payments is finally taking off and making a difference

Apple mobile payments - Apple Pay

Some firms are speculating that the acceptance of this tech could permanently change the face of retail. Apple mobile payments have been struggling to take off and have not met the performance expectations of many people in the commerce and tech industries alike. That said, it does appear as though Apple Pay is finally taking hold and now that it has, it’s rapidly gaining strength. Mobile wallets were only a concept only a few years ago, and many wondered what Apple would contribute. As the iPhone maker aimed to diversify…

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Mobile wallet launch relaunched as Vodafone pushes ahead in India

Vodafone telecommunication mobile wallet launch

The firm’s M-Pesa Pay has been released, providing a refreshed version of their previous offerings. Vodafone India has now announced its new and upgraded mobile wallet launch called Vodafone M-Pesa Pay. This is meant to provide merchants with a new range of options tailored to their needs. This move has been designed to lay a foundation for the firms upcoming m-payments bank venture. Merchants can log into this mobile wallet so that they will be able to access “collecting” money from customers. This merchant experience in this mobile wallet launch…

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Starbucks mobile payments make up 1 in 4 transactions

starbucks mobile payments

One quarter of all purchases made at the coffee chain are completed through the use of smartphones. Starbucks mobile payments currently compose 25 percent of transactions made with the café giant. This figure takes into account the purchases made across the United States. It does not represent the statistics from other Starbucks locations around the globe. The Mobile Order and Pay transactions had made up a considerable 6 percent of the total. In September, that figure for Mobile Order and Pay transactions rose to 7 percent. This helps to further…

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Peer to peer mobile payments starting to make US smartphone transactions relevant

young women teens peer to peer mobile payments

Though the majority of consumers have yet to start paying for products with devices, they are showing interest. Recent figures show that peer to peer mobile payments are starting to give smartphone transactions a boost in the US. That category of mobile wallet use is seeing the most rapid growth by far. In store mobile payments to purchase goods and services are still seeing notably slower growth. Peer to peer mobile payments has remained the category of transactions consumers in the US are most likely to use on their devices.…

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