IT
January 30, 2020
The labor crisis was one of the biggest stories for the casual dining segment in 2019. But the arrival of the new decade doesn’t mean that this narrative is going away any time soon. Minimum wage inflation is extending beyond coastal states. What exacerbates this problem further is the fact that the unemployment rate remains at its lowest in the last 50 years. Yet restaurants are now growing at twice […]
January 20, 2020
Technology is now a familiar face for the fast food industry. 70% of quick service restaurants planned to devote more resources to customer-facing service-based technology in 2019, according to the Nation’s Restaurant News 2019 Foodservice Industry Overview. And the number will be higher in 2020. Big names in fast food are either rapidly acquiring technologies or developing them in house. With high labor turnover and rising labor costs, this investment […]
November 12, 2019
Presto’s Payment Data Security Earns Payment Card Industry’s Point-to-Point Encryption Certification
Presto is the only comprehensive pay-at-table system to receive this certification. The Point-to-Point Encryption (P2PE) certification is amongst the strictest in the industry. Presto, provider of the restaurant industry’s next generation front-of-house (FOH) technology platform, has been recognized as an official Payment Card Security Council’s Point-to-Point (P2PE) full solution provider, making the company the only comprehensive pay-at-table system to meet the strict PCI P2PE standards required for payment solutions. Established […]
May 31, 2018
Did you know the number of data breaches increased by over 40% since 2016? Restaurants are key victims for these attacks, so how important is it to have the most up-to-date and secure restaurant technology today?
August 28, 2017
Are We Headed Toward a Cashless Society? When was the last time you carried around cash? Not only does cash and change weigh down your wallet, but counting the correct change is not quick and holds up the line. More and more Americans are moving toward digital forms of payment, namingly mobile wallet. Why carry around multiple debit and credit cards, when your smartphone can house everything in one place? […]
July 13, 2017
The competition for customers has never been more fierce. The unrelenting pressures for operators to capture the loyalty and trust of guests continues to grow as their customers demand new levels of engagement. Where does this engagement start? For one, restaurant owners are implementing new technologies to help improve overall business operations and most importantly, modernize the guest experience. More guests of all ages are demanding technology in order to […]
June 6, 2017
Mobile payment technologies are quickly being adopted by smartphone users. This means that restaurants will need to adapt their way of processing payments in order to retain the ever growing population of tech-savvy customers. An unwillingness to alter decades-old payment practices, such as taking a physical credit card to the BOH for processing on a POS, will increasingly result in lost customers. As evidence of this trend, the National Restaurant […]
April 17, 2017
For decades restaurants have centered their order and payment processes around the POS. Diners sometimes pay with cash, but a majority have migrated to payment using credit and debit cards. Among payment cards, debit plays an important role, as 68% of all payment cards and 64% of all card payments are made with debit cards. Of course, consumers are familiar with debit cards, using them at the ATM and major […]