Starbucks to Test Three Cashless Stores in South Korea

This seems to be the wave of the future, cashless stores:

Starbucks Coffee Korea, the local unit of the U.S. coffee giant, said Thursday it will begin a test run of cashless stores at three outlets next month amid rising use of credit card and mobile payment systems.

The stores at the country’s major office districts — Gangnam and Guro in Seoul, and Pangyo, just south of the capital — have been tapped to start testing the new system April 23, according to the company.

When launched, it will mark the second trial for the global coffee giant, following its first cashless store under test run in Seattle, the United States, it said.

Paying with cash has been constantly declining at Starbucks stores in South Korea, from 31 percent of the total in 2010 to 15 percent in 2013 and 7 percent last year, the company said.  [Korea Times]

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