food and beverages

McDonald’s Says Geofencing Technology Helps Boost Customer Satisfaction

McDonald’s Says Geofencing Technology Helps Boost Customer Satisfaction
McDonald’s Says Geofencing Technology Helps Boost Customer Satisfaction
November 08, 2024  |  ResTech

McDonald’s reportedly improved customer satisfaction scores and reduced customer wait times by using geofencing technology to streamline the mobile ordering process. The quick-service restaurant (QSR)...

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Toast Says Payments, Lending Are Digital Recipe for Retention
Toast Says Payments, Lending Are Digital Recipe for Retention
November 08, 2024  |  Earnings

Digital transformation is serving up new efficiencies for the restaurant and hospitality sector. With razor-thin margins, shifting consumer tastes and an insatiable demand for convenience,...

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Square Makes Orders Platform Generally Available to Sellers in US
Square Makes Orders Platform Generally Available to Sellers in US
October 08, 2024  |  Payment Methods

Square’s new Orders platform is now generally available to sellers in the United States after being completed during the third quarter. The new order-based infrastructure...

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A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
October 08, 2024  |  Retail

In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the...

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Plaid, Ansa Pay-By-Bank Partnership Targets Merchants and Restaurants
Plaid, Ansa Pay-By-Bank Partnership Targets Merchants and Restaurants
October 08, 2024  |  Payment Methods

Ansa and Plaid are teaming up to lower payment costs for merchants and restaurants. The partnership between the digital wallet provider and the data network...

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Battle of the Titans: Amazon, Walmart and the Multitrillion-Dollar US Retail Market
Battle of the Titans: Amazon, Walmart and the Multitrillion-Dollar US Retail Market
October 01, 2024  |  Retail

In 2023, U.S. retail sales surged to nearly $7.25 trillion, representing a third of all consumer spending. Dominating this market are two titans: Amazon and...

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Soaring Food and Housing Costs Strain Lower-Income Households
Soaring Food and Housing Costs Strain Lower-Income Households
September 25, 2024  |  Economy

The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the...

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Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands
Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands
September 25, 2024  |  ResTech

The restaurant industry is undergoing a digital transformation. While the evolution is being driven by a growing demand by customers for seamless, efficient and personalized...

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