What's New in Payments

Starbucks processes 8m mobile payments every week

Starbucks

Coffee chain Starbucks has 16 million active users of its mobile app who are making eight million mobile payments a week, equalling nearly 19% of all transactions in US stores, president and COO Kevin Johnson has revealed, and the company is preparing to roll out its successful Mobile Order and Pay service across the US, UK and Canada before the end of 2015... More


Twitter invests in beacon marketer Swirl

Twitter has invested an undisclosed sum in Boston-based proximity marketing specialist Swirl, hinting the social media platform could be looking at using Bluetooth Low Energy (BLE) beacons to push messages. The social media giant has invested alongside Hearst Ventures, Softbank Capital and others in an $18m series-C round, taking the total raised by Swirl so far to $32m... More