Payments News

New Starbucks partnership with Microsoft allows customers to pay for Frappuccinos with bitcoin

Aug 03, 2018

Starbucks is jumping on the cryptocurrency bandwagon.

The Seattle-based coffee giant is working with Microsoft and a leading global exchange on a new digital platform that will allow consumers to use bitcoin and other cryptocurrencies at Starbucks.

Starbucks along with Intercontinental ExchangeMicrosoft and BCG, among others, is working to launch a new company called Bakkt that will enable consumers and institutions to buy, sell, store and spend cryptocurrencies on the global network by November. The platform with convert bitcoin and other cryptocoins into U.S. dollars that can be used to buy a Cold Foam Cascara Cold Brew, Matcha Lemonade or anything else at Starbucks.

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