Square for Restaurants Launch

Investment Analysis Clubs Saul’s Investing Discussions
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Via CNBC:

Payments processor Square said Tuesday it is launching Square for Restaurants, a software platform for restaurant operations designed to bring more small businesses into the Square ecosystem. The software — which Square calls its most sophisticated software yet — ties together in one place all of a restaurant’s operations, from booking tables to managing the after-meal check.

Read the entire piece at https://www.cnbc.com/2018/05/08/square-announces-restaurants…

This software is similar to POS (point-of-sale) software Square has launched in the past: Square for Retail (for retailers obviously) and Square Appointments (for service-oriented businesses).

It will be folded into Caviar’s platform: https://www.fool.com/investing/2017/07/08/squares-caviar-now…

At first glance, it looks like it will compete with Global Payments’ (GPN) Xenial platform: https://www.xenial.com/

Matt
Long GPN, SQ
MasterCard (MA), PayPal (PYPL), Skechers (SKX) and Square (SQ) Ticker Guide
See all my holdings at http://my.fool.com/profile/TMFCochrane/info.aspx

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Looks very exciting. If it can address as many problem statements as it claims in operating a restaurant then awesome. SQ might have another killer product on their hands.
A

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Here is a link to the page on Square’s website:

https://squareup.com/us/en/point-of-sale/restaurants

There is description of the features and benefits as well as video.

Chris

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Very classy presentation highlighting Square’s restaurant benefits.

Thanks, Chris.

Jim

https://squareup.com/us/en/point-of-sale/restaurants

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