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Lynk bets that Starbucks-style mobile wallets are retail’s next big thing

September 30, 2022

Disruption is an ongoing theme of the post-pandemic business world as traditional cards and rails are challenged by imaginative tech that’s redistributing the power of payments.

For some, the dream is a closed loop payments system a la the Starbucks card and Starbucks Stars rewards program represent the ideal, where the merchant locks in capital via topped-up Starbucks cards, and consumers get rewards they recognize as valuable in that arrangement.

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