How Tableside Payments Are Changing the Restaurant Industry

How Tableside Payments Are Changing the Restaurant Industry
Until recently contactless tableside ordering and payments was not widely used. But in today’s challenging landscape they could be key to hospitality businesses thriving.
by Square Aug 01, 2022 — 3 min read
How Tableside Payments Are Changing the Restaurant Industry

Hospitality businesses have always been forced to adapt and change on the fly. That’s why they invented the daily special. But being an agile hospitality operator today isn’t just about maximising margins, it’s about building up your entire business to be flexible, transformable and constantly optimising.

The restaurants, cafes and bars that survived wave after wave of the pandemic not only pivoted to become contactless, takeaway businesses overnight, but dealt with everything from feeding frontline workers to coaching guests on how to use QR check-in codes. These are the same businesses that continue to bear the brunt of the labour shortage across Australia, supply chain instability, and the rising costs of everything, with no clear rebound in sight.

Hospitality operators have and will continue to lean on technology to help them move from survival mode into thrive mode. They need to reach more diners and extend their hospitality beyond the dining room, with delivery or pickup to meet growing diner demand anytime, anywhere. It’s critical that business operators can access the right POS tools that automate front-of-house and back-of-house processes, give time back to owners and staff, and provide everything needed to gain a competitive advantage.

Industry challenges bring new waves of concern

Success in the hospitality industry is notoriously challenging, and the unique circumstances of the past few years have created new headwinds. Some of the biggest challenges we see restaurateurs facing today are:

  1. Rising costs: Overall, costs of operations and ingredients are going up. Whether it’s due to supply chain shortages, Covid closures, inflation, or geopolitical conflicts – all of these factors have a major impact on both businesses and their customers.
  2. Staffing shortages: Many restaurants are in crisis right now, trying to cover even more job responsibilities with fewer people – both finding and retaining staff continues to be a major struggle across industries.
  3. Volatility: With supply chain instability, evolving health and dining regulations, erratic weather, constantly changing consumer behaviour and more, flexibility is still the key to success.

Tools tailor-made for restaurants are the solution

Before the pandemic, contactless and tableside ordering and payments was an optional nice-to-have idea, at least in Australia. But now, adding handheld devices to your existing POS can be the key to helping your restaurant survive the volatility the industry is suffering through. In fact, it can empower restaurant staff to manage more orders, no matter where they are placed.

As more restaurants discover the power of tableside ordering, they’re seeing its potential to help do more than they realised. A handheld POS device small enough to fit in a waiter’s apron pocket has the power to drive up the average bill size, increase tips, reduce comps and voids and enhance the customer experience. It can help restaurants increase sales, even when short staffed. This is the key to putting operators back in the driver’s seat for the new era of restaurants. Best of all, it puts the focus back on hospitality – and profitability – where it belongs.

This article is for informational purposes only and does not constitute professional advice. For specific advice applicable to your business, please contact a professional.

Square
The Bottom Line is brought to you by a global team of collaborators who believe that anyone should be able to participate and thrive in the economy.

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