While many fast food restaurants and coffee shops such as Starbucks either current offer or plan to soon offer the ability to pay for food and beverages with mobile devices, casual and formal sit-down restaurants have yet to make the move to mobile.
But that’s changing.
As more consumers globally continue to rely on mobile technology in their daily lives, the restaurant industry is finally taking notice and adjusting their payment practices accordingly.
Posted in Mobile Devices, Mobile Payments, Platforms, Technology
Over the last year, many major fast food restaurants have rolled out mobile payment options. For those who have not yet done so, it is merely because they are still working out the details.
In a recent announcement, Burger King shared that they have selected PayPal as a payment processor for their mobile app. To confirm payment, a four digit pin is required.
The app will not only allow consumers to pay on their mobile devices, but will also offer exclusive discounts and general information such as nearby Burger King locations, menu, and nutritional information.
Posted in Announcements, Mobile Apps, Mobile Devices, Mobile Payments, News, Platforms, Smartphones
American Express has just launched its new American Express Token Service, a suite of solutions designed to enable its card-issuing partners, processors, acquirers and merchants to create a “safer online and mobile payments environment for consumers.”
With the holidays fast approaching and new concerns about mobile and online payments safety entering the picture every day, American Express says its well-position to put minds at ease.
With American Express Token Service, traditional card account numbers are replaced with unique “tokens,” which can then be used to complete payment transactions online, in a mobile app or in-store with a mobile Near Field Communication (NFC)-enabled device.
Posted in Announcements, Mobile Devices, Mobile Payments, News, Platforms, Smartphones, Technology
For the upcoming holiday season, mobile-smart Starbucks is trying something new.
While Starbucks always emphasizes gift cards during the holidays, this year they are taking things a few steps further by offering 13 lucky winners the opportunity to win 30 years of free Starbucks.
Since fewer consumers are shopping in store for holiday gifts, Starbucks has been focusing more on their mobile transactions. Currently Starbucks processes seven million transactions each week on mobile devices in the United States.
Posted in Announcements, Mobile Apps, Mobile Commerce, Mobile Devices, Mobile Payments, Mobile Shopping, News, Platforms, Technology
Citibank and Yellow Paper — a Latin American banking and mobile payment provider — had such great success with their Latin American mobile challenge, that they have decided to extend a similar challenge in the US titled “Citi Mobile Challenge U.S. 2014.”
The event will be held in three different locations:
- Silicon Valley on November 10th
- New York on November 12th
- Miami on November 14th
Posted in Announcements, Mobile Devices, Mobile Payments, Mobile Social, News, Platforms
While many fast food restaurants and coffee shops, such as Starbucks, offer mobile payment options through mobile payment processors like Square or Google Wallet, Taco Bell has apparently decided to launch their own mobile app that allows consumers to place and pay for an order right on their mobile device.
The innovative platform, we’re told, uses securely stored credit card information for payment processing.
The app, which is now live, can be downloaded here.
Posted in Announcements, Marketing Strategy, Mobile Apps, Mobile Commerce, Mobile Devices, Mobile Payments, Mobile Shopping, News, Platforms, Predictions, Smartphones
A new report from Juniper Research calls for major growth in the market for NFC mobile payments.
And not surprisingly, Apple is expected to play a critical role in the anticipated boom.
Juniper reports this week that there will be 516 million mobile users of NFC (Near Field Communication) contactless payment services by the end of 2019.
Posted in Announcements, iOS, Marketing Strategy, Mobile Commerce, Mobile Devices, Mobile Payments, Near Field Communication, News, NFC, Platforms, Predictions, Smartphones