- The 120,000 daily customers of Grupo Vips brands - VIPS, VIPS Smart, Ginos, Starbucks, Fridays and wagamama- as of today have a new convenient and secure payment option through Android Pay.
- 88% of all cellphones in Spain are smartphones, and 92% use Android as the operating system.
Grupo Vips, one of the leading multi-brand and multi-format groups in the food service and retail sector in Spain, as of today is offering its customers an all-new easy and secure payment option through Android Pay. Android is the main smartphone operating system with a market share of 92% in Spain, the European country with the highest smartphone penetration rate.
As of its presentation today, Android Pay is available at the more than 380 locations Grupo Vips operates in Spain which include the brands VIPS, VIPS Smart, Tienda VIPS, Ginos, Starbucks, Fridays and wagamama. By including Android Pay among the wide range of payment methods accepted by Grupo Vips, the company is consolidating its commitment to innovation and the inclusion of the latest technologies to offer its customers the best payment process experience. Approximately 50% of all Grupo Vips card transactions are already completed through mobile payments and contactless technology. This percentage increases each month which proves just how fast and positively the new payment options have taken off with users.
To use a cellphone to pay through Android Pay at Grupo Vips locations, users may download the application from the Google Play Store for free and add any compatible credit cards they wish. Upon paying, they just have to swipe their turned on phone past the contactless payment terminal and the transaction will be completed quickly and securely.
About Grupo Vips:
Grupo Vips is one of the leading multi-brand and multi-format groups in the food service and retail sector in Spain. It includes restaurants, cafés and shops. The company manages a total of six well-known chains it either owns or operates under franchising agreements: Vips (cafeteria - restaurant and shop), Vips Smart, Ginos, Fridays and Starbucks Coffee in Spain, Portugal and Andorra with wagamama just joining them. Moreover, the group has a premium sandwich, salad and take-away product factory, BSF. The company manages a total of 370 locations serving more than 120,000 customers a day. It runs a pioneer and restaurant sector-leading loyalty program, Club VIPS, with more than 1,000,000 members throughout Spain. The app, which is unique in the market and was launched at the end of April 2015, has already been downloaded more than 700,000 times. Grupo Vips is a private equity company which was founded in 1969. 70% of Grupo Vips shares are held by majority shareholders and founders, led by the Arango family, and 30% are held by the ProA Capital fund. Grupo Vips employs more than 9,200 people and ended fiscal year 2016 with 396.2 million euros in turnover.