FRANCHISE HERALD
Tuesday July 16, 2019

updated - July 16, 2019 Tuesday EDT

McDonald's Testing New Payment Technology Via Smartphone in Kuwait

Jun 25, 2013 03:36 PM EDT | By Staff Reporter
Tags
McDonald's, technology
Close
iPhone
Apple iOS 8 maps are expected to be a big improvement over the current application with features like public transit directions. (Photo : Reuters)

McDonald's, the world's largest burger fast-food chain, and Kuwait International Bank have partnered to test out Seamless' Seqr mobile payment platform throughout Kuwait, according to a report.

This technology allows customers at the store to pay via NFC or QR codes using their mobile phone, instead of using cash or credit/debit card.  The bank is the first financial institution in the Middle East to test the solution, according to NFC World.

Earlier this year, McDonald's began testing the Seqr mobile payment solution in its Sweden restaurants.

"We are very much looking forward to working with Kuwait International Bank to introduce Seqr in the Kuwaiti market," said Peter Fredell, president and CEO of Seamless.

"We now are in a very intense expansion of Seqr internationally and Seamless is already established in countries worldwide. That means we have the experience required for international locations.

"The launch of Seqr in the Swedish market has been very successful and we hope that our cooperation will help to simplify everyday life for many consumers in Kuwait."

The technology makes it easier for customers to make purchases without having to carry around cash or cards, and instead use their smartphone which they are likely to carry with them at all times. 

Get the Most Popular Franchiseherald Stories in a Weekly Newsletter
© 2015 Franchise Herald. All rights reserved.

Connect With Franchise News

Email Newsletter

TOP 10 FRANCHISES OF 2019

  • RANK
    FRANCHISE NAME
    STARUP COSTS
  • 1nc
    Hampton Hotels
    $3.7M - 13.52M
  • 2nc
    Subway
    $85.2K - 260.35K
  • 3up
    Jiffy Lube Int'l. Inc.
    $196.5K - 304K
  • 4down
    7-Eleven Inc.
    $30.8K - 1.64M
  • 5up
    Supercuts
    $103.55K - 196.5K
  • 6up
    Anytime Fitness
    $56.3K - 353.9K
  • 7down
    Servpro
    $133.05K - 181.45K
  • 8down
    Denny's Inc.
    $1.18M - 2.4M
  • 9down
    McDonald's
    $1M - 2.16M
  • 10down
    Pizza Hut Inc.
    $295K - 2.15M
Real Time Analytics