From Quick Cashless Restaurants to Mobile Coffee Rewards

By: Jana Pijak - Jan 11, 2016
These QSR payment innovations range from quick cashless restaurants to mobile coffee rewards that can be collected via one's smartphone or tablet. In addition to QSR businesses like Taco Bell and Starbucks, other standouts in the realm of convenient payment include home improvement retailer Canadian Tire -- the store's paperless loyalty app lets patrons collect points and access perks with every dollar spent.

Other notable examples include MasterCard's clever payment apparel concept that transforms a sleek and stylish jacket into a cashless purchasing tool. Additionally, niche examples like a P.A.Y.F (pay as you feel) cafe offer expired food items to patrons for a considerable discount. While expired products are often deemed inedible, they do not always mean that food has spoiled. This particular restaurant concept fights food waste while appealing to budget-conscious consumers.

Lastly, QSR payment innovations like cash-free smartwatch apps and biometric credit cards can be accessed by a simple tap of the wrist or by a user's unique fingerprint.