Toast announced Wednesday that it will remove its 99-cent fee for orders over $10 after receiving a wave of negative feedback from the restaurant community. CEO Chris Comparato said the decision came after “extensive discussions” with clients. The fee will be gone by the end of the week. “While we had the best of intentions—to …
Tag Archives: POS solutions
Square launches a restaurant ordering network in Cash App
The tech provider’s new Neighborhoods on Cash App allows users of the payments app to order pickup and delivery from local restaurants. They can also earn rewards that can be redeemed at any business in the network. The network will connect restaurants that use Square with the 57 million consumers on Cash App. | Photo …
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Toast Q3, AI, Uber Partnership
LinkedIn: Toast reported a strong Q3 and put real weight behind product, AI, and a new Uber partnership that will matter for how restaurants run digital orders.Global POS players and regional incumbents should assume faster competitive pressure as Toast’s localized stack, AI features, and marketplace integrations roll into more markets. 1/ Footprint and customers~156,000 live …
Meituan Enters US Through Peppr POS
LinkedIn post: Meituan enters the U.S. market – through the backdoor… or the front gate? In the past weeks, I wrote quite a bit about the Chinese giant (their new ads strategy https://lnkd.in/d9Jj7Gmw and challenges in the home market https://lnkd.in/dUmtysm7). Next, I was actually planning to write about their POS solution but yesterday I came …
Spotlight Interview: Zhong Xu, CEO and Co-Founder of Deliverect
Zhong Xu, CEO and co-founder of Deliverect, is no stranger to the restaurant industry. His entrepreneurial journey began at the young age of 17, building websites and developing POS solutions for Asian restaurants. This early exposure ignited a passion for technology’s potential to transform the food sector, a passion that would eventually lead him to co-found …
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Cartwheel Partners with PAR Technology to Streamline Delivery Operations for Enterprise Restaurants Worldwide
LOS ANGELES — Cartwheel, the leading enterprise delivery management platform, today announced its integration with PAR Technology Corporation (NYSE: PAR), a leading foodservice technology provider. The integration brings Cartwheel’s advanced AI-powered delivery orchestration capabilities directly into PAR’s unified purpose-built platform, empowering enterprise and mid-market restaurants to optimize both first-party and third-party delivery operations at unprecedented scale. The …
Olo vs Toast: $2B vs $25B – The Strategic Tale of Two Tech Giants
Here’s a concise tweet summarizing the Olo vs Toast analysis: 🧵 Olo vs Toast: A $2B vs $25B tale of strategic choices Both restaurant tech companies IPO’d in 2021, but chose radically different paths: 🎯 Olo: Enterprise-first (300k locations) → Higher margins (61% vs 25%) → $339M revenue (2025E) → Acquired for $2B 🚀 Toast: …
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SpotOn Launches GoTo Place to Take on Restaurant Super Apps
POS provider SpotOn is taking aim at apps like DoorDash and Uber Eats with its own mobile ordering app. The company launched GoTo Place, a mobile app that lets you order pickup or delivery, make a reservation, join a waitlist, and collect loyalty points. Restaurants don’t pay commissions on GoTo Place orders, though a flat …
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HungerRush introduces Grubhub integration for its POS system
HungerRush, a provider of integrated restaurant technology solutions, has announced the Grubhub Marketplace integration for the HungerRush POS system. The move enables restaurants to receive and manage Grubhub orders directly through their HungerRush POS platform, in addition to current integrations with DoorDash and Uber Eats. Restaurant operators previously had to manage Grubhub orders through third-party, …
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Carte: DoorDash POS
Post from Guiseppi Marzelli: DoorDash is reportedly developing its proprietary Point-of-Sale (POS) platform, called “Carte,” to enhance its role in restaurant operations. While specific details about Carte are limited, here’s what we know… ⚡Expansion of Services ⚡🔺 DoorDash’s focus on creating its own POS system aligns with its broader strategy to streamline restaurant operations and …