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Data for today’s episode is provided by Mercator Advisory Group’s Viewpoint: Pay-at-the-Table Finds Its Way onto More Menus
Pay-at-the-Table is Positioned Well for the Future:
- Coming out of the pandemic, a number of factors will drive a wider adoption of Pay-at-the-Table.
- Post-pandemic consumer habits will continue to favor contactless payment methods and fewer cash.
- Tableside dining will recover from the pandemic as more consumers resume dining out in their ‘return to normal.’
- The digitization of table service will lead to an accrual of financial and operational benefits for restaurants.
- An increased number of tech developers and payment vendors will offer Pay-at-the-Table solutions.
- Consumer adoption will be enhanced by integrating Pay-at-the-Table with features such as loyalty programs and marketing offers.
About Report
The restaurant industry was rocked by the COVID-19 pandemic and now looks for solutions to aid its recovery. An existing payment application, Pay-at-the-Table, no newcomer, is getting renewed attention from tech developers as a way to increase sales and enhance staff productivity for restauranteurs. Pay-at-the-Table will find a highly favorable merchant community to increase installations across a large segment of U.S. restaurants. Just as important, diners will find the streamlined order and pay process quite appetizing as well.
