What's New in Payments

Starbucks to roll out 100 cashless stores in Korea

Starbucks to increase number of cashless stores in Korea — Retail News Asia — “Starbucks Coffee Korea Co said Monday it will increase the number of cashless stores to over 100 across South Korea this month amid rising use of credit cards and mobile payment systems in the tech-savvy country… Starbucks said the decision is part of its broader digital innovation drive as cash payment has been constantly declining at stores in South Korea, from 31% of the total in 2010 to 15% in 2013 and 7% last year.”