Apple Pay Is Coming to Starbucks, Chili's, KFC Apple's VP made the announcement on Thursday.

By Reuters

This story originally appeared on Reuters

Starbucks Corp coffee shops will begin accepting Apple Inc's mobile payment system in a pilot program starting this year, Apple Vice President Jennifer Bailey said on Thursday.

KFC and Chili's restaurants also will begin accepting Apple Pay in 2016, she said at the Re/code technology conference in Half Moon Bay, California.

The service gives Apple a chance to tie customers more tightly to its phones and its smart watch, as well as to take a tiny bite from every retail transaction.

Apple launched the payment service a year ago and has claimed 2015 would be the "year of Apple Pay" as it aggressively courts retailers.

But interviews by Reuters with analysts, merchants and others have suggested that Apple's forecast may have been too optimistic and that many retailers remain skeptical about the payment system.

Customer demand for mobile wallets has been slow, and analysts agree that they remain a tiny percentage of U.S. retail transactions.

Brinker International owns the Chili's restaurant brand, while KFC is operated by Yum! Brands.

(Reporting by Julia Love, writing by Noel Randewich; Editing by Christian Plumb, Alan Crosby and Dan Grebler)

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business News

AI Will Create More Millionaires in the Next 5 Years Than the Internet Did in 2 Decades, According to Nvidia's CEO

Nvidia CEO Jensen Huang said that AI enables people to create new things, generating more opportunities to produce revenue.

Business News

Chipotle's AI Tool 'Ava Cado' Is Cutting Hiring Time by 75%, According to the Company's CEO

Candidates can now go from application-to-hire in three and a half days. It used to take 12.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Starting a Business

The One Real Problem You Must Solve to Make Your Startup Succeed

Some of the most successful startups didn't start with a business plan. They started with a problem. More specifically — a personal pain point.

Money & Finance

The Financial Truths No One Tells You in Your First 2 Years of BIZ Experiencesship

Here are the two financial lessons that changed my point of view on spending, saving and planning.