Fast food bellwether McDonald’s (MCD
) announced on Tuesday that it had rolled out a new payment method that it is testing in select cities across the Southwest.Lisa McComb, spokesperson for McDonald’s, commented in an email to Bloomberg that the company has released an application that allows for customers to pay at the register directly from their smartphone. McComb went on to mention that the payment app is currently being tested in restaurant locations across Salt Lake City, Utah and Austin, Texas. McDonald’s also released global monthly sales data on the day; sales in the U.S. improved by 0.2% for the month while Europe saw a 3.3% jump.
McDonald’s shares traded higher on Tuesday, gaining 0.46% on the day. The stock is up nearly 10% YTD.
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