ParTech, Inc. (PAR), a leading global provider of point of sale (POS) solutions to the restaurant and retail industries, announced today a new partnership with SpeedETab, an industry leader in native mobile ordering, mobile payment, and engagement solutions for the restaurant industry. ParTech, Inc. is a wholly owned subsidiary of PAR Technology Corporation (NYSE: PAR).
With the accelerated adoption of third party marketplace platforms, restaurants are focused on how to best understand their customer base and reduce commission expenses. SpeedETab helps restaurants by offering branded mobile ordering, loyalty, and engagement tools to take back their customers and retain margin, all on a simple subscription basis. Natively built for mobile use, restaurants can leverage SpeedETab to offer application experiences that compete against the industry’s top brands, without the significant resources and time spent by large enterprises.
This new partnership simplifies the workflow for PAR’s Brink POS customers of any size, by syncing menu information and reporting directly between its mobile app experience and the POS, while also eliminating the need for any extra tablets or hardware, as orders are sent directly into their Brink environment.
“We’re excited to team with PAR and be part of the Brink ecosystem to support restaurants of every size offer industry leading mobile app experiences that increases revenue, enhances the guest experience, and strengthens brand loyalty,” said Adam Garfield. Co-Founder & CEO, SpeedETab. “This integration with Brink empowers brands to connect directly with their customers, and have a single solution that handles ordering, loyalty, and engagement without any additional hardware.”
“We’re pleased to add SpeedETab’s digital ordering platform to Brink’s PARtner ecosystem,” said Stephen Lee, Manager of Strategic Partnerships, ParTech, Inc. “With restaurant digital orders representing more than 8 percent of foodservice industry traffic and growing, according to industry reports, it’s important that Brink’s PARtner ecosystem include the leaders in the marketplace, and we’re honored that SpeedETab is now part of the Brink network.”
SpeedETab is an industry leader in native mobile ordering, mobile payment, and analytic solutions for the restaurant industry. Since 2015, SpeedETab has powered mobile solutions for over 2,000 establishments across the United States and Latin America. Based in Miami, FL, SpeedETab helps businesses increase revenue, improve the guest experience, and strengthen brand equity through the use of its mobile ordering platform and services. www.speedetab.com
About PAR Technology Corporation
PAR is a leading global provider of software, systems, and service solutions to the restaurant and retail industries. Today, with 40 years of experience and point of sale systems in nearly 100,000 restaurants and more than 110 countries, PAR is redefining the point of sale through cloud software and bringing technological innovation to all corners of the enterprise. PAR’s Government Business is a leader in providing intelligence, surveillance, and reconnaissance (“ISR”) solutions and mission systems support to the Department of Defense and other Federal agencies. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. For more information, visit www.partech.com or connect with PAR on Facebook at www.facebook.com/parpointofsale or Twitter at www.twitter.com/Par_tech.