Over 550 Starbucks stores in the UK now accept Visa contactless payments
London, 17 June 2013: Starbucks, Barclaycard Global Payment Acceptance and Visa Europe today confirm that over 550 company owned Starbucks stores in the UK accept contactless payments, making it even faster and easier for customers to buy their morning coffee.
Starbucks follows Marks and Spencer, Co-Op, Post Office, Boots, McDonalds and other major national retailers in the move to contactless. For those retailers where speed is of the essence, accepting contactless payments is rapidly becoming a business imperative.
Ian Cranna, Vice President of Marketing for Starbucks UK, said: “With only around 1 in 3 of our customers now paying with cash, we recognise the importance and benefits of embracing new payment technologies at Starbucks. We are now able to provide our customers with the quickest and most convenient ways to pay, to speed up service and cut queue times. The roll out of contactless follows other payment innovations that we have implemented across our stores, including developing a bespoke mobile payment app.”
Paulette Rowe, Managing Director of Barclaycard Global Payment Acceptance said: “Contactless payments offer the fastest way to pay and we’re very pleased to be able to support Starbucks with their introduction of contactless payments.”
Mark Austin, Vice President at Visa Europe, said: “Contactless payments are changing the way we pay in the UK. Transaction numbers are growing rapidly and with more than one in four UK Visa cards now contactless we’re expecting usage to quadruple again by the end of 2013. We’re delighted that Starbucks is joining the growing number of retailers who now offer contactless payments to their customers.”
There are currently over 27 million Visa contactless cards issued in the UK and contactless payments are accepted at more than 250,000 terminals in the UK, including on London Buses, which have seen more than 2 million transactions since launching contactless payments in December 2012.
About Starbucks Coffee Company
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at starbucks.co.uk
Barclaycard is a leading global payment business which helps consumers, retailers and businesses to make and accept payments flexibly, and to access short-term credit when needed.
The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. It also issues credit and charge cards to corporate customers and the UK Government. Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.
In addition to the UK, Barclaycard operates in the United States, Europe and Africa.
Key facts published in February 2013:
- total number of Barclaycard customers: 28.8m
- number of retailer/merchant relationships: 89,000
- Total payments processed: £240bn
About Visa Europe
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 36 countries across Europe.
Visa Europe works at the forefront of technology to create the services and infrastructure which enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees.
Visa Europe operates a high volume, low cost business model that provides services to its members. Its surplus is reinvested into the business and used to improve capital and reserves. In the last six years, Visa Europe has invested over €1 billion in new technology and infrastructure.
Since 2004, Visa Europe has been independent of Visa Inc. and incorporated in the UK, with an exclusive, irrevocable and perpetual licence in Europe. Both companies work in partnership to enable global Visa payments. As a dedicated European payment system Visa Europe is able to respond quickly to the specific market needs of European banks and their customers - cardholders and retailers - and to meet the European Commission’s objective to create a true internal market for payments.
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