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Today In Payments: New Funding Values Tink At $824 Million; Starbucks Shifts 45 Pct Of Stores Toward Drive-Thru, Order Ahead

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In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru and online ordering. Starbucks Shifts 45 Pct of Stores Toward Drive-Thru, Order Ahead. As it said at its investor day, post-pandemic, Starbucks is targeting growth both in the U.S.

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How Co-Branded Credit Cards Evolved From The Early 1900s Department Store

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In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates — that looked like dog tags or tokens — at retailers such as Gimbels that tracked their spending. Coffee and Rideshares.

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Visa Fortifies India, South Asia Teams With New Appointments

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Vohra previously led marketing for Starbucks, India, where she spearheaded brand building initiatives. She played a similar role for high-end retail chain TAG Heuer during its early days in India, and previously worked for cosmetics brand L’Oreal.

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The Restaurant Tech Race Gains Fresh Buzz From Fast Casual Dining

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Consumers scan a QR code on the check or table tent — or use a beacon or near-field communication (NFC) tag — and do not have to employ the server during the payment process (though a specific business might have the server start the process or make sure payment is completed before the customers leave).

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The Cure For Holiday Gift Shopping Fatigue    

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That was Starbucks’ specialty drink release this summer that offered patrons the chance to drink something that looked like a sparkly pink and blue lava lamp. The Unicorn Frappuccino was so popular, in fact, that Starbucks promised and/or threatened that we had not seen our last of the specialty beverages. Well, he meant it.

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How Five Retailers Are Catering To Smartphone Shoppers

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Retailers from Kroger to Starbucks , as well as Shell , Dollar General and Macy’s , are rolling out their own mobile apps with smartphone-based payment options to meet the needs of the connected consumer. And, according to a May report from eMarketer , Starbucks is the most popular proximity mobile payment app.

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Happy National Coffee Day: Let’s All Celebrate Contextual Commerce

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Coffee shop Starbucks’ sales revenue in 2016 was $21 billion, Dunkin’ Donuts saw $10.8 Starbucks went a different route. We’re going to guess Starbucks probably didn’t bring in the creative team that came up with the Unicorn Frappuccino when designing its celebration. billion and Keurig boasted $4.5

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