Toast POS to Enhance the Dining Experience with Samsung Pay

Toast POS, a mobile restaurant technology company, today announced compatibility with Samsung Pay to enable tableside payments using tablet POS devices.

A simple, safe, and easy-to-use mobile payment service, Samsung Pay can be used almost anywhere you can swipe or tap your card. The mobile wallet service can be used with Toast’s durable and reliable point of sale (POS) tablets, allowing guests to slim down their wallet, and simply scan their fingerprint and quickly pay at the table or counter.

“Toast is committed to empowering restaurants with innovative technology,” said Chris Comparato, CEO of Toast. “This partnership is our step forward to enhance the guest experience even more. With tableside payments, restaurants have seen improvements in throughput and tips by 20 percent or more.”

As a restaurant POS platform, Toast has achieved rapid growth, with a Series B funding of $30 million from Bessemer Venture Partners and GV (formerly Google Ventures) and a growing customer base of all types of restaurants.

According to Mobile Payments Today, four in ten restaurant guests say they’d like to pay for their quick-service restaurant orders by mobile or wireless device if they could. Ninety-eight percent of those who have paid a restaurant bill on a mobile phone say they’d be likely to do so again. With Toast accepting Samsung Pay, quick-service restaurants can improve throughput with at-the-counter payments while full-service restaurants can improve turn time with tableside payments.

Samsung Pay uses three levels of security to enable secure payments: fingerprint authentication, tokenization and Samsung KNOX, Samsung’s defense-grade mobile security platform. Toast aims to bring this fast, secure payment method to more restaurants across the country, paving the way for a better customer experience and amazing restaurant efficiency.