Bakkt testing cryptocurrency payments in Starbucks app

Cryptocurrency trading platform Bakkt has launched testing of the Bakkt Cash payment option in the Starbucks app. WITHWith this option, products in a coffee shop network can be bought for cryptocurrencies.

Starbucks representatives emphasized that aboutfull-scale launch of speech is not yet in progress. However, this will most likely happen in the future, as the coffee shop chain named Bakkt as its “strategic partner.” Currently, in order to pay with Bakkt Cash, the user will need to register in the “early access” program.

“We expect various cryptocurrencies to continuegaining popularity among our customers and, thanks to our cooperation with Bakkt, we can provide them with new and unique payment methods at Starbucks, ”said the representative of the coffee shop chain.

Bakkt also plans to launch its own points.loyalty, moreover, they can be used in the wallet of the site, which will appear this summer. To develop a loyalty program, Bakkt even acquired a provider of such solutions to Bridge2.

Bakkt President Adam White said that with the help of the wallet it will be possible to store loyalty points of various companies, bitcoins and other assets in a single application.

It was recently reported that Bakkt had raised $300 million in investment in a Series B funding round.

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