Pay when you are ready
Bowling lounge operator, Lucky Strike, is offering Tabbedout, a mobile payment app for iPhone and Android that allows consumers to open, view and pay tabs with their phones (view press release). The Tabbedout solution is fully integrated with the operator’s MICROS point-of-sale (POS) system, which means customers can pay when they are ready.
The mobile payment app allows users to store credit or debit card information directly on their phone, encrypted and under passphrase protection, instead of on host servers or in “the cloud.” In addition, customers can also view their itemised tab in real-time.
Customers will be able to use the service in eight Lucky Stripe locations across the US including their flagship location in Hollywood, Boston, Orange County, Denver, Philadelphia, San Francisco and two in the Chicago area.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
