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Home»Fintech»SumUp launches Magic Pay for hospitality sector
Fintech

SumUp launches Magic Pay for hospitality sector

July 23, 2022No Comments3 Mins Read
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SumUp, the monetary accomplice for over 4 million small companies worldwide, right this moment introduced the launch of SumUp Magic Pay, a QR code cost resolution for the hospitality sector.

Hospitality buyer behaviour has shifted post-pandemic. Because the sector reopened in phases, it grew to become obvious that we had grown accustomed to utilizing QR codes and after two years of life going digital – from work, to celebrations, to exercises, and extra – we now count on to have the whole lot at our fingertips. On the flipside, the ceremony of eating out, of visiting a brand new restaurant or bar, is one thing we nonetheless get pleasure from.

Subsequently, in response to this shift, SumUp has launched Magic Pay. Now, on the finish of a meal, everybody on the desk can obtain a replica of the invoice, by scanning a QR code on the desk. From there, a invoice will be cut up, a tip added, and cost performed (Apple or Google Pay each an choice). Receipts will be despatched by way of e mail as effectively. No app, account or any admin – simply scan, cut up, pay.

Throughout a 3 month take a look at part the place over 100 eating places within the UK trialled Magic Pay, SumUp discovered that:

1. On common, nearly half of company selected the QR code cost methodology
2. Ideas for wait workers elevated by 38% on common – due to the immediate in Magic Pay
3. Magic Pay saves wait workers about 12 minutes per desk – 12 minutes that they will use to offer higher service
4. Solely 2 out of over 100 eating places stopped utilizing Magic Pay, all of the others are nonetheless going sturdy

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For eating places, the expertise is seamlessly built-in throughout the UK’s primary point-of-sale resolution – making life simpler for frontline hospitality workers. The expertise makes receiving cost simpler and sooner, and seizes upon buyer behaviour modifications.

Joseph Flynn, Head of Order & Pay at SumUp stated: “SumUp has spent a decade in conjunction with entrepreneurs and SMEs. Our mission is to make enterprise life as easy and environment friendly as attainable – and to take away the stress of taking cost. Magic Pay will present a win-win for retailers and prospects alike by way of its simple integration and user-friendly design – simply scan, cut up, pay.”

Monika Grybauskaite, Supervisor at Darjeeling Categorical (as featured on Netflix’s Chef’s Desk, www.darjeeling-express.com): “Magic Pay is a good system to work with, it is simple and enjoyable to make use of. Magic Pay saves our company time when paying the invoice, they will even cut up it with mates with out the wrestle to calculate. Our workforce loves it and our company adore it! We’re comfortable to be a part of it. “

In recent times, SumUp has additionally expanded into point-of-sale options, and with the acquisitions of Goodtill, Tiller, and Fivestars, the corporate is quickly increasing its footprint throughout the restaurant and retail sectors. In June 2022 SumUp introduced new funding, totalling £510 million, that gave the corporate an enterprise worth of just about £7 billion following a decade of fast progress and world growth.
 

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