Restaurant Payments news and trends

Square Teams With US Foods as Restaurants Face Digital Opportunities
Partnerships // July 25, 2024

Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,” the companies said in a news release Thursday (July 25). “As the foodservice industry evolves...

Menus Fizzled but QR Codes Find Favor Powering Pay at Table at Restaurants
ResTech // June 11, 2024

Decades old — tracing its origins back to the 1990s — the QR code has at times struggled to find its place in commerce and in everyday self-service situations. Case in point: As noted here at the end of last month, QR codes enjoyed a...

Worldline Debuts Food Services Payment Suite
ResTech // December 20, 2023

Worldline has introduced a new payment solution designed to embrace the restaurant industry’s digital transformation. The French payments firm’s Food Service Payments Suite is designed to be an “enhanced, seamless and secure payment experience for the food and beverage industry,” particularly for quick-service restaurants, Worldline...

Olo Q3: Item-Level Guest Data Collection Is Launchpad for 6x Card-Present Opportunity
Earnings // November 06, 2023

Olo executives told investors on the company’s third quarter 2023 earnings call on Monday (Nov. 6) that they anticipate card-present transactions to become a key growth driver for its Olo Pay service as restaurant brands transition away from their long-standing legacy payment processing partnerships.  The fact...

Quick Reads
Blackbird Labs Debuts Check-Settlement Platform for Restaurants

July 30, 2024
Hospitality tech firm Blackbird Labs has launched a new payments product for restaurants. “Powered by Blackbird’s new blockchain, the Blackbird Flynet, Blackbird Pay gives restaurants a fresh way to address the ever growing problem of shrinking margins and eroding cash reserves by providing them with their very own end-to-end payments and check settlement network for […]

Square Teams With US Foods as Restaurants Face Digital Opportunities

July 25, 2024
Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations,”...

Worldline Debuts Food Services Payment Suite

December 20, 2023
Worldline has introduced a new payment solution designed to embrace the restaurant industry’s digital transformation. The French payments firm’s Food Service Payments Suite is designed to be an “enhanced, seamless...

Shake Shack Founders Stand By Cashless Move

June 20, 2018
Danny Meyer is defending his restaurant group’s decision to test out cashless transactions, saying they are not looking to exclude prospective guests. Meyer owns Union Square Hospitality Group, and five...