Starbucks Korea is expanding a cash-free store initiative to 100 locations across the country, including 74 in Seoul and 11 in Gyeonggi Province.
For the past few months, it has only been accepting credit card and mobile payments in three locations. It claims that, during this time, the ratio of cash transactions fell from 3% to 0.2% and the amount of time customers spent at the checkouts was cut from ten minutes to three minutes on average.
Roll-out to the further 100 locations will start on 16th July. Cash transactions at Starbucks stores in Korea now only account for at 7% of all payments, the company says.
Sign up for our free retail technology newsletter here.
Sign up for our free daily e-newsletter, bringing you all the latest omnichannel retail technology news and views.
We use analytics cookies to count visits and see which stories are read, so we can improve the site. They are not used for advertising. You can decline now, or change your choice any time via "Cookie preferences" in the footer.
Comments (0)
No comments yet.