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Table Payment

Companies are releasing POS devices with convenient technological enhancements

Trend - Companies are upgrading Point of Sale (POS) systems with contemporary technology for use in restaurants or food service establishments. These upgrades include self-ordering capabilities, small-scale designs, and anti-overspending tools.

Insight - The modern consumer desires a dining experience where they feel completely in control, from placing an order to managing their spending. The growing desire for convenience stems from a deeper need to streamline daily routines, maximize moments of leisure, and alleviate the mental load of decision-making. Restaurants that can tap into this underlying tension and address these nuanced needs will resonate deeply with the contemporary diner, fostering loyalty and repeat visits.
Workshop Question - How can your brand enhance its customer service through personalized offerings?
Trend Themes
1. Upgrade POS Systems - Restaurants are upgrading their Point of Sale (POS) systems with contemporary technology, such as self-ordering capabilities, small-scale designs, and anti-overspending tools, to meet the growing demand for convenience and control.
2. Qr-based Payment Acceptance - The introduction of innovative QR and card acceptance devices, like Pine Labs' 'Mini,' is redefining payment acceptance for small merchants by focusing on QR-first and card-tap contactless payments, providing an affordable option for enhancing payment capabilities.
3. Self-ordering Kiosks - The launch of self-ordering kiosks, like GoTab's, is facilitating high-speed mobile POS payments for table service businesses, streamlining the order and payment process while allowing for real-time communication and additional revenue opportunities.
Industry Implications
1. Restaurant Technology - Business professionals in the restaurant industry can reference the trend of upgrading POS systems, which include self-ordering capabilities, small-scale designs, and anti-overspending tools, to provide a convenient and seamless dining experience for customers.
2. Payment Solutions - The trend of QR-based payment acceptance, focusing on QR-first and card-tap contactless payments, provides an affordable option for small merchants to enhance their payment capabilities and offer convenient payment options to their customers.
3. Hospitality Technology - The trend of self-ordering kiosks for table service businesses allows for high-speed mobile POS payments, real-time communication, and improved revenue opportunities, providing business professionals in the hospitality industry with streamlined operations and enhanced customer experiences.
4.9
Score
Popularity
Activity
Freshness
Patterns
Megatrends
4 Featured, 33 Examples:
22,122 Total Clicks
Date Range:
Aug 23 — Oct 23
Trending:
This Year and Average
Consumer Insight Topics:

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