Insights With Trent Munday

Starbucks have $1.6 billion on there books as ‘Stored value card liabilities’.   Basically, this is from customers topping up their Starbucks card with money in lieu of needing to pay cash at the store when they buy their daily cup of caffeine.   It’s really like an interest free loan.   There is no regulatory obligation for them to hold that money in an escrow-type account.   Maybe a similar pre-paid model could help the Cash Flow situation in your business?   But be careful...   #prepaid #payments #digitalwallets