Here is some insight on cash in restaurants. Shake Shack backed off of it but still is working towards cashless. The CEO reasons are:
Safety: We’ve mitigated the very real security risks associated with having large quantities of cash on-site, so we can become a safer place for our team and our guests.
Efficiency: We’ve streamlined our operations, eliminating cash-counting, and facilitating easier shift transitions (team members can jump on the register without the time-consuming security steps involved in cash-tray change-outs.)
Speed: Without handling cash and making change, we can serve more guests in far less time, meaning you spend less time waiting in line to place your order and pay.
Before launching the SDK into the wild, Square worked with a number of select partners to build custom POS solutions by using Square’s technology. The aforementioned Shake Shack has recently been testing cashier-less stores, which it calls the "Shack of the Future," in New York City. Working with the development agency Fuzz, the burger chain built a self-service kiosk that let customers order their food and pay all by themselves. Even though it used Square’s infrastructure of security and payment support, these experimental restaurants were able to drive down wait times with a solution that was effectively customized just for them.
OTI Brings Diverse Cashless Payment Solutions to Worldwide Merchants INTRODUCTION TO OTI On Track Innovations LTD, or OTI (NASDAQ: OTIV), is a pioneer and leading global developer of cutting-edge cashless payment solutions including near-field communication (NFC) products and solutions. For over two decades, OTI has provided enterprises worldwide with innovative technology and solutions that forge new business models, grow… Read More »
News from a payment kiosk application provider for Olea Kiosks The M3t EMV Cloud Kernel is designed to easily connect unattended kiosk terminals and POS solutions to a level II / III approved kernel for processing credit and debit card transactions. The kernel was certified for use in the U.S. in January of 2018 and is now connected… Read More »
Nice article on Russian industry that really took off. Excerpt: Russian fintech miracle — Payment kiosk Anna Kuzmina Follow Oct 24, 2018 · 5 min read Once upon a time in cold Russia of 2000 something important happened. A new payment system was born. It would soon dominate the whole country, become part of daily life of every single Russian, and spread across… Read More »
Datacap and Dash Now enable Text-to-Pay (eCommerce transactions) alongside card-present payments for any Point of Sale via Datacap’s NETePay Hosted™ platform. No hardware or mobile app required. Editor Note: This type of transaction is very common. Calling into order is likely the most common way of ordering. We order food regularly from restaurants and unless you are a loyal customer and… Read More »
Municipal Payment Kiosk News Article posted on PaymentsDive Sep2021 In Brief CityBase used as the example here (youtube link) — Not sure if advertiser or not No mention of U.S. Payments or DivDat or JACK/Adcomp for that matter surprisingly With the install of 30 in Chicago current total is up to 74 kiosks and plans are to raise… Read More »