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Groupon Eyes Restaurants with Nationwide POS Offering

By Mercator Advisory Group
October 10, 2012
in Analysts Coverage
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3D secure, online fraud, card lending, asset-backed securitizations

security lock on credit cards with computer keyboard

Daily-deals stalwart and new entrant into the merchant payment space has announced that Breadcrumb, a point-of-sale provider that Groupon acquired in May 2012, and which has been in wide beta testing in about 100 bars, cafes, and restaurants in New York City, is now being rolled out nationwide. Groupon’s payment service that was announced last month will be integrated in the iPad-based payment acceptance, order management, and reporting application.

“Restaurants, bars and cafes are such an important vertical for Groupon,” Breadcrumb’s Harris said. “In the next couple of quarters, we will roll out our service nationwide and get as many restaurants running on Breadcrumb as possible.”

Breadcrumb charges $99 a month for restaurants to run its service on one iPad. That increases to $199 for two iPad terminals, $299 for five and $399 per month for up to 10 terminals.

Read full article:

http://feeds.reut

ers.com/~r/reuters/technologyNews/~3/c5NlCsW45vI/us-groupon-restaurants-idUSBRE8990KX2012101

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