Categories: News

Starbucks tests Bakkt crypto payment solution

Bakkt, the Intercontinental Exchange crypto-startup, has announced that the American coffee chain Starbucks was starting to test its payment solution Bakkt Cash in its mobile app.

On Twitter, Adam white, the president of Bakkt, stated that " Bakkt Cash "Reduced the payment costs for the tradespeople.

Open your application Starbucks to see our first direct integration and select Bakkt Cash to sign up for our early access program, "he added, illustrating his tweet with a screenshot.

Currently offered to a limited number of customers Starbucks, the solution could soon be rolled out on a large scale.

Starbucks continues to be a strategic launch partner of Bakkt in developing applications that allow customers to convert their digital assets to US dollars for use at Starbucks. We anticipate that a range of cryptocurrencies will gain ground, ”commented a Starbucks spokesperson on TheBlock.

Unveiled for the first time in 2018, the Bakkt app aims to facilitate payments with digital assets like Bitcoin.

Start of the week, Bakkt raised $ 300 million additional from several existing investors like M12 from Microsoft and Pantera Capital.

Read also : ICE Acquires Bridge2 to Strengthen Bakkt Efforts

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