Saturday , June 6, 2020

Eye on Restaurants: BAMS Caters to Full-Service Restaurants; CardFree Launches Pay-At-Table

Payments provider Bank of America Merchant Services announced it and talech, developer of a cloud-based point-of-sale system that uses Apple Inc. iPads, are going after full-service restaurant and bar owners.

Announced Tuesday, the deal will see BAMS, which is a merchant-acquiring alliance between First Data Corp. and Bank of America Corp., sell talech systems to its merchants.

The move comes only a day after Atlanta-based First Data announced it intends to market its Clover POS system to full-service restaurants, too.

BAMS said it processes 16.6 billion transactions at more than 705,000 merchant locations in the United States, Canada, and Europe.

In related news, mobile-wallet provider CardFree Inc. debuted its pay-at-the-table service for restaurants.

The new service does not require its own app. Instead, it can be integrated into a business owner’s app or mobile Web page. To use the service, consumers open the business’s app or Web page to view and pay their checks. Businesses can integrate CardFree’s application programming interface or use a white-label version of the service, San Francisco-based CardFree said. It takes between two and four weeks to deploy the technology, CardFree said.

While no mobile app or specific hardware is needed, the pay-at-the-table service can be used in conjunction with existing hardware, the company said.

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