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Aug 11, 2014
This release originally appeared on Yahoo! Finance.
BOSTON, MA--(Marketwired - August 11, 2014) - Toast, the Smart Restaurant Cloud, has partnered with LevelUp, the largest mobile payment platform in the US. The partnership will effectively add mobile payments to the suite of tools available through Toast via the LevelUp app.
LevelUp currently has 1.5 million users and 14,000 accepting businesses, the majority of which are quick service restaurants. Toast services quick and full serve restaurants and bars across the US.
"Toast's Smart Restaurant Cloud simplifies a restaurant's operations by combining its tools into one simple mobile platform. With Toast, servers can input orders and accept payments right at the table. Integrating mobile payments is a natural fit," said Aman Narang, co-founder of Toast.
The Toast / LevelUp integration is expected to further enhance the customer experience by enabling servers to seamlessly accept mobile payments at the table using the same Toast tablets used to take customer orders.
"Many people pay with LevelUp because it's fast and convenient. The new Toast integration shaves valuable seconds off of each transaction from a customer standpoint and eliminates complexity from the cashier's role. Just scan, pay, go," says Seth Priebatsch, CEO and Chief Ninja at LevelUp.
The Toast / LevelUp integration will go live in Boston this month and nationwide thereafter.
About LevelUp
LevelUp is one of the largest open payments networks. Consumers use their LevelUp account to pay with their smart device or web browser, demonstrating the fastest and easiest way to pay. Businesses accept transactions for just 1.95% flat, thus enabling dramatic cost savings they can pass along to customers. Learn more at thelevelup.com.
About Toast Tab
The Toast Smart Restaurant Cloud automates your restaurant operations, empowering you to deliver a premium customer experience. Servers input orders and accept payments right at the table using mobile Toast tablets. Menu customization, real-time sales reports and everything in between is instantly available, right from your smartphone. The Toast Smart Restaurant Cloud combines your point-of-sale, payroll, loyalty program, gift cards, labor management, reporting needs and more into a single intelligent platform, thus simplifying your business. Learn more at toasttab.com.
About Toast
Toast [NYSE: TOST] is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a comprehensive platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business across point of sale, payments, operations, digital ordering and delivery, marketing and loyalty, and team management. We serve as the restaurant operating system, connecting front of house and back of house operations across service models including dine-in, takeout, delivery, catering, and retail. Toast helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. For more information, visit www.toasttab.com.
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