Starbucks CEO Howard Schultz said the coffee chain is the number one company in the world in terms of mobile payments.
A semiconductor firm has filed patent lawsuits against Starbucks over its popular mobile payments application.
Procter & Gamble is preparing to distribute its first coupons via mobile phone by working with tech start-up Mobeam that enables retail point-of-sales systems to successfully read a barcode that has been downloaded onto a mobile phone screen.
The smartphone payment app launched by the US coffee chain Starbucks in January 2011 has seen 26 million transactions to date, which demonstrates how a relatively simple approach to mobile payments has been able to get a jump on more sophisticated technology such as NFC.
Starbucks will enable users of BlackBerrys or Apple’s iPhone and iPod touch to pay at US company-operated stores by using their smartphones.