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McDonald’s Testing Mobile Payments in Two Cities
Posted By Joshua Sophy On September 23, 2013 @ 11:00 am In Technology Trends | 6 Comments
If you operate a small business, you probably already know the growing importance of accepting mobile payments.
Research suggests mobile payments could reach $90 billion  annually by 2017, and that’s not just in businesses like retail.
News that fast food giant McDonald’s is exploring mobile payment options is a good indication of this. The company is testing a mobile order and payment system in restaurants in Salt Lake City and Austin, Bloomberg reports . A TV commercial promoting the new service appears below.
The fast food company, which also includes many franchises, is not alone in offering mobile services. Chain restaurant Chipotle Mexican Grill Inc. offers a mobile app.
And, of course, now some can even order their morning cup of coffee via a mobile device . In fact, Starbucks recently saw  a 10 percent jump in its U.S. mobile sales contributing to the best quarter in the chain’s 42 year history.
Sources say McDonald’s is exploring mobile as a way to boost sales after seeing disappointing numbers in August. Offering mobile payments can be one way to boost sales by giving customers even more payment choices.
Read more about your options for accepting mobile payments at Small Business Trends .
McDonald’s  Photo via Shutterstock
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URL to article: http://smallbiztrends.com/2013/09/mcdonalds-testing-mobile-payments.html
URLs in this post:
 mobile payments could reach $90 billion: http://smallbiztrends.com/2013/07/mobile-payments-need-to-know-retailer.html
 reports: http://www.bloomberg.com/news/2013-09-10/mcdonald-s-testing-mobile-order-app-for-u-s-stores.html
 coffee via a mobile device: http://smallbiztrends.com/2013/08/briggo-coffee-app.html
 Starbucks recently saw: http://smallbiztrends.com/2013/07/starbucks-sales-increase-mobile.html
 accepting mobile payments at Small Business Trends: http://smallbiztrends.com/?s=accepting+mobile+payments
 McDonald’s: http://www.shutterstock.com/pic-114036805/stock-photo-london-june-mcdonalds-logo-on-blue-sky-background-on-june-london-uk-it-is-the.html