Payment Observer

The Latest News, Industry Insights and Research Findings on Global Payment Markets

13Jul/12

Payment News – July 13, 2012: LevelUp, Starbucks, Pocket Change, Paysafecard

By Martin Schuppelius

Payment Observer spotlight company. See more details here about one of the up and coming service providers in the financial services for small business.

LevelUp Drops Mobile Payment Processing Fee

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Starbucks Rolls out Mobile Payment App in Canada and the UK, Adds PayPal Support

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Virtual Currency Startup Pocket Change Raises $5M

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Paysafecard Launches in Canada

Paysafecard was acquired by Skrill, one of Europe’s largest payment service providers for approximately €140 million.

25Nov/11

Starbucks to Launch Mobile Payment App in UK

By Martin Schuppelius

Payment Observer spotlight company. See more details here about one of the up and coming service providers in the financial services for small business.

Starbucks for iPhone App in the UK in 2012. The app allows consumers to pay at Starbucks through their smartphone.

The company’s mobile payment service for smartphones is already available in the US since January 2011. After downloading the app onto their smartphone and linking it to a Starbucks Card account, customers can pay at Starbucks by turning their phones into a mobile wallet. The app generates a unique bar code that will be scanned by the cashier when purchasing. In addition to the mobile payment capability, the app allows customers to manage their Starbucks Card account, check their card balance and reload their account.

The mobile payment service is quite successful in the US, Starbucks has already processed more than 20 million mobile payment transactions since January 2011.