Starbucks Offers Mobile Payment Option with Square Wallet
Starting today, Nov. 8, Starbucks Coffee Company (NASDAQ:SBUX) will begin accepting Square’s mobile payment application, Square Wallet, in participating U.S. company-operated locations.
With Square Wallet, Starbucks is giving customers another way to enjoy a quick, seamless payment experience at approximately 7,000 Starbucks stores.
With Square Wallet, people can pay at Starbucks and explore nearby businesses, browse menu information, store hours and transaction history, all on their phone.
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Square Wallet is in addition to Starbucks own mobile payment applications on iOS and Android, which are used by Starbucks customers more than 2 million times each week, and are fully integrated with the Starbucks Card and My Starbucks Rewards programs, says the company.
Customers simply download Square Wallet to their iOS or Android device to set up an account. Square Wallet is linked to their debit or credit card, so there is never a need to reload a balance.
Customers tap “pay here” and scan their QR code – similar to the customer experience on the existing Starbucks mobile payment applications. Their digital receipt appears instantly.
The Starbucks Digital Network in Starbucks stores will feature the Square directory so customers can discover neighborhood businesses near their favorite Starbucks store.