Square ventures into restaurants
Square is adding features to its mobile payment offerings to target the restaurant industry, aiming to continue its move beyond individual merchants such as dog walkers, taxi drivers and food-truck vendors. The San Francisco company has updated its payments register, which comprises credit card readers and a cash drawer, to enable quick-service restaurants to modify orders and customize kitchen tickets, Square said Monday. Targeting specific industries will help the company compete for cash registers as well as securing more of the market for mobile payments for physical goods, which is set to top $170 billion in transactions by 2015, according to Juniper Research. Reported by SFGate 2 days ago.
Square is adding features to its mobile payment offerings to target the restaurant industry, aiming to continue its move beyond individual merchants such as dog walkers, taxi drivers and food-truck vendors. The San Francisco company has updated its payments register, which comprises credit card readers and a cash drawer, to enable quick-service restaurants to modify orders and customize kitchen tickets, Square said Monday. Targeting specific industries will help the company compete for cash registers as well as securing more of the market for mobile payments for physical goods, which is set to top $170 billion in transactions by 2015, according to Juniper Research. Reported by SFGate 2 days ago.