Starbucks CEO Micheal Gavin recently announced a campaign to buy coffee at Starbucks with Bitcoin. In other words, Starbucks customers can make payments for goods using Bitcoin through Bakkt’s digital wallet.
Starbucks, says that about 500,000 people took part in the trial of the service. To use this service, customers are required to download the Bakkt app in the Google Play Store or Apple Store, then pay for coffee using Bitcoin. Gavin plans to expand the offering of crypto services to everyone.
In addition to Starbucks, several other retail stores have reportedly accepted Bitcoin as a payment option through the Bakkt app. Among them are Fiserv, Golfnow and Best Buy. Karl Helbert of Starbucks says with this additional option, customers can take full advantage of their digital assets.
Starbucks to date is the largest coffee shop chain in the world with more than 30,000 locations worldwide. Starbucks ’annual revenue is about $ 26.50 billion.
