Why Panera Breads Using Apple Pay

The transcript discusses the integration of Apple Pay into Panera's services, highlighting its simplicity and alignment with Panera 2.0 strategy. It explains the in-app and in-cafe experiences, emphasizing ease of use for both customers and staff. The transcript also covers the use of NFC payments and the seamless transition expected with Apple Pay. Finally, it details the partnership with Apple, including the development of new technology and readiness for the Apple Pay launch.

What are the two ways to use Apple Pay as mentioned in the video?

• In-app and in cafes

• Online and in stores

• Through email and text

• Via phone call and mail

What is the main benefit of using Apple Pay according to the video?

• It offers discounts

• It simplifies the payment process

• It provides loyalty points

• It requires no internet connection

What technology has Panera been using since early September?

• QR code payments

• Credit card swipes

• Google Wallet and NFC payments

• Bitcoin transactions

What was Panera's approach to integrating new technology?

• They focused on traditional methods

• They copied competitors

• They developed Panera 2.0 over several years

• They waited for customer demand

How did the partnership between Panera and Apple begin?

• Apple approached Panera

• Panera approached Apple

• They met at a technology conference

• They were introduced by a third party