News about Earnings call.
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…
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…
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…
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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.
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.”
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…
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…
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…
July 22nd, 2015
Apple Pay is “on track” to be accepted at more than 1.5m locations across the US by the end of 2015, including at some 700 universities and colleges such as Auburn University, the University of California Irvine, Colorado State University, the University of Kentucky and the University of Oklahoma. “In the US, we’ve seen fantastic support from merchants of all sizes,” Apple CEO Tim Cook said during the company’s third quarter earnings call.
April 27th, 2015
Online payments giant PayPal has revealed it is again testing NFC, though the company’s president has made clear that he’d like the company’s platform to be technology agnostic and he doesn’t see the long-term success…
April 24th, 2015
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,…