Starbucks, KFC on Apple Pay
Starbucks's own mobile-payment application has been a success, accounting for 20% of transactions at the coffee chain's US. stores
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Apple Inc. is rolling out its mobile-payments service for select Starbucks Corp. stores by the end of the year, and will reach 7,500 company-owned stores in 2016, the coffee chain said in a statement. KFC stores and Chili's Grill & Bar will make Apple Pay available in 2016 as well, Jennifer Bailey, the Apple vice president in charge of the service, said at the Code/Mobile conference Thursday.Wider acceptance should give Apple Pay a much-needed boost.
Lack of acceptance at various retail stores has been partly to blame for the slow roll-out. A year since its debut, the payment service only accounts for 1 percent of all retail transactions in the U.S., according to researcher Aite Group. Starbucks's own mobile-payment application has been a success, accounting for 20 per cent of transactions at the coffee chain's US. stores.
Starbucks has said it intends to make all popular payment methods available to customers. Haley Drage, a spokeswoman for the Seattle-based company, said its U.K. stores have been accepting Apple Pay for several months. "It was received well by consumers," she said.
Lack of acceptance at various retail stores has been partly to blame for the slow roll-out. A year since its debut, the payment service only accounts for 1 percent of all retail transactions in the U.S., according to researcher Aite Group. Starbucks's own mobile-payment application has been a success, accounting for 20 per cent of transactions at the coffee chain's US. stores.
Starbucks has said it intends to make all popular payment methods available to customers. Haley Drage, a spokeswoman for the Seattle-based company, said its U.K. stores have been accepting Apple Pay for several months. "It was received well by consumers," she said.
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First Published: Oct 10 2015 | 12:27 AM IST
