The Bank of Starbucks

marginalrevolution.com/marginalrevolution/2025/05/the-bank-of-starbucks.html

Connor Tabarrok points out that Starbucks is also a bit of a bank:
In 2011, Starbucks rolled out the ability to load money onto a virtual card via their mobile app. purchases made with these pre-loaded dollars earned extra rewards points, which could eventually be redeemed for free…

This story appeared on marginalrevolution.com, 2025-05-28 11:18:51.
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