FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Coolest Brands 2015: Starbucks

A Million Mobile Transactions a Day

Philip RyanbyPhilip Ryan
March 15, 2015
in Payments
Reading Time: 1 min read
0
Share on Facebook

© Can Stock Photo Inc. / lightwavemediaAll the recent excitement in mobile payments may be over Apple Pay and Samsung Pay, but Starbucks CEO Howard Schultz put it rather starkly on an earnings call late in 2014: 90% of mobile payments in 2013 took place using the Starbucks mobile app.

Wow.

With mobile payments numbers elsewhere continuing to underwhelm, this number is likely to be nearly the same today. The coffee giant offers a clear value proposition that Apple and Samsung don’t — buy 10 coffees, get one free. That’s a pretty strong reason to use the app. Other mobile payments services are generally used just for the heck of it.

Starbucks counts 12 million active users of its app. The company announced in January that it sees 7 million mobile transactions a week, accounting for more than 15% of Starbucks’ total sales volume.

In December 2014 Starbucks began testing a mobile order-ahead product — essentially the same product Square, which has had trouble connecting with consumers, announced recently that it would shutter on March 20. Starbucks is taking its version nationwide this year, and something tells us it will work out just fine.

Previous | Coolest Brands 2015 Home | Next

 

Tags: mobile paymentsSales & Marketing
Previous Post

Coolest Brands 2015: Lending Club

Peerless

Next Post

Coolest Brands 2015: Apple

The Global Brand Cometh

Related Posts

RBC building in Toronto
Payments

Francisco to buy payments firm Moneris from RBC, BMO for $1.4B

August 11, 2026
Interior of a Cloudflare office building with signage
Payments

Nonhuman traffic surpasses human traffic on Cloudflare network

August 7, 2026
block cash app
Payments

Block ships more than 130 features in H1 2026, up 3X YoY because of AI

August 6, 2026
Next Post

Coolest Brands 2015: Apple

The Global Brand Cometh

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account