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    Earnings call

    News about Earnings call.

    Apple Pay triples users in 2016 and prepares to launch in Taiwan

    February 1st, 2017

    The number of Apple Pay users has more than tripled over the past year, with transaction volume up 500% year-over-year, Apple CEO Tim Cook revealed during the company’s first quarter earnings call. The mobile payment service is also expected to launch in Taiwan “soon”. More

    Starbucks customers get voice ordering as mobile orders and payments continue to grow

    January 31st, 2017

    US consumers can now place orders from coffee giant Starbucks by speaking into the Starbucks iOS mobile app or to Amazon’s virtual assistant Alexa. The move comes as the company reveals that mobile orders made up 7% of all its US transactions in the last quarter, with mobile payments now accounting for 27%. More

    PayPal’s mobile payments volume sees 55% increase in 2016

    January 30th, 2017

    Mobile payments accounted for a third of PayPal’s overall payment volume during the fourth quarter of 2016, the company’s CEO Dan Schulman has revealed, with the total volume of mobile payments increasing by 55% over the course of last year. More

    Starbucks in China to accept WeChat Pay mobile payments

    December 12th, 2016

    Customers at about 2,500 Starbucks locations across mainland China can now make mobile payments using Chinese internet giant Tencent’s WeChat Pay mobile payments platform by scanning a QR code at the point of sale. The… More

    Starbucks takes mobile payments to 260 stores in Indonesia

    November 23rd, 2016

    Customers at coffee chain Starbucks in Indonesia can now make mobile payments at 260 stores nationwide by scanning a barcode at the point of sale using the company’s mobile app and completing the payment using… More

    Apple Pay transactions up 500% year on year, CEO reports

    October 26th, 2016

    Apple Pay transactions have risen nearly 500% year on year, with more purchases made in September 2016 than during the whole fiscal year in 2015, Apple CEO Tim Cook has revealed during the company’s latest… More

    Starbucks’ Mobile Order & Pay on the rise across the US

    July 29th, 2016

    Nearly 5% of total US transactions in coffee giant Starbucks locations are now made through the company’s Mobile Order & Pay service, representing close to 20% of all mobile payments in store. More

    Apple Pay accounts for 75% of all contactless payments in the US

    July 27th, 2016

    Apple Pay now accounts for three out of four contactless payments in the US and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed.  More

    Starbucks launches mobile payments in China

    July 13th, 2016

    Customers at Starbucks stores in China will now be able to pay for their order using their mobile phone and the coffee giant’s QR code-based mobile payment service which has now been launched in 2,200 locations across the country. More

    PayPal CEO announces NFC payments expansion

    April 29th, 2016

    Vodafone Wallet with PayPal NFC-enabled payments is now live in Spain and is expected to be made available across Europe throughout the “back half of 2016”, PayPal CEO Dan Schulman revealed during the company’s Q1 earnings call.  More

    Apple Pay gets 1m new users every week

    April 27th, 2016

    Apple Pay is now signing up 1m new users per week, Apple CEO Tim Cook revealed during the company’s second quarter earnings call. “Apple Pay is growing at a tremendous rate with more than five times the transaction volume of a year ago and 1m new users per week,” Cook told investors. “More expansion of Apple Pay is coming soon.” The mobile payment service is currently live in the US, UK, Canada, Australia, China and Singapore.

    Nearly one in four payments at US Starbucks made via mobile

    April 25th, 2016

    Mobile payments now account for 24% of all transactions across Starbucks’ US locations, the company’s president and COO Kevin Johnson has revealed, with an average of 8m transactions per month taking place through the coffee chain’s Mobile Order & Pay service. More

    Bank of America reports on mobile banking

    April 18th, 2016

    Bank of America added 910,000 new mobile banking users during the first quarter of 2016, resulting in a total of almost 20m active users, CEO Brian Moynihan revealed during the bank’s Q1 earning results. 16% of all deposit transactions with the bank are from mobile devices but mobile wallet payments represent less than 0.2% of the total payments made with Bank of America cards.

    Square “betting big on NFC”

    March 11th, 2016

    Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call. “We’re seeing a huge demand for the reader and we’re taking full advantage of the shift to chip cards and contactless,” Dorsey said. “We want to be able to associate our logo with the ability to pay with your phone. We’re betting big on NFC.” Square began rolling out its contactless readers in November 2015.

    Facebook may soon support Apple Pay

    January 28th, 2016

    Facebook is open to partnering with Apple Pay and other payment services in order to enable payments on its social media network, Facebook CEO Mark Zuckerberg has revealed. “We’ll partner with everyone who does payment,”  he explained during the company’s fourth quarter earnings call. “We look at the stuff that Apple is doing with Apple Pay for example as a really neat innovation in the space that takes a lot of friction out of transactions.”

    Cook reports strong growth in Apple Pay usage

    January 27th, 2016

    Apple Pay saw a “significant acceleration in usage” in the second half of 2015, Apple CEO Tim Cook reported during the company’s first quarter earnings call, with a growth rate 10 times higher than in the first half of the year. Cook also revealed that Apple Pay will soon be accepted at “thousands” of ExxonMobil gas stations across the US via the company’s Speedpass+ app. “There are now over 5m contactless payment ready locations in the countries where Apple Pay is live today,” he added.

    Starbucks sees rise in US mobile transactions

    January 25th, 2016

    Some 22% of all US transactions in Starbucks during December were made using mobile apps, up from 21% in November 2015, the company’s Kevin Johnson reported during the coffee chain’s first quarter earnings call. “Over one million customers in the US used Mobile Order & Pay capability in the month of December and those customers averaged approximately five mobile orders in the month,” Johnson added. “We are now processing over six million Mobile Order & Pay transactions per month.”

    Apple Pay to launch in Australia, Canada, Spain, Hong Kong and Singapore

    October 27th, 2015

    Apple Pay is to go live in Australia and Canada this year and in Spain, Singapore and Hong Kong in 2016, Apple CEO Tim Cook has revealed during the iPhone maker’s latest earnings call. American… More

    Visa signs up 2,300 financial institutions for Visa Token Service

    July 24th, 2015

    More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. The… More

    One in five Starbucks sales in the US made with mobile payments

    July 24th, 2015

    Coffee chain Starbucks is processing nearly nine million mobile payments a week across its US locations, representing 20% of all in-store transactions, CEO Howard Schultz revealed during the company’s third quarter earnings call. The company… More

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