New Custom-Built POS Handles the Heat and Complexity of Restaurant Operations
SAN FRANCISCO, CA – May 8, 2018 – Square, Inc. (NYSE: SQ) today launched Square for Restaurants, a fully integrated point of sale that matches the pace, complexity, and specific needs of today’s restaurants. Square for Restaurants is the company’s first solution built to serve full-service restaurants, and brings the speed and ease of use for which Square is known to all types of larger restaurants, bars, and lounges. Square will also integrate Caviar directly into Square for Restaurants, marking the first time restaurants will be able to benefit from the simplicity of a combined first-party ordering platform and point of sale.
Square for Restaurants is Square’s most sophisticated software solution yet, enabling fast, accurate operations for both the front and back of house. It’s cloud-based and customizable for however a restaurant is run, letting managers easily update menus and floor layouts remotely across multiple terminals and locations. New conversational ordering enables waitstaff to place orders quickly and intuitively, the way diners speak. Square for Restaurants also offers built-in employee management to enable staff time and performance tracking, tip splitting, fraud protection, and more.
“Square for Restaurants offers everything you need to run a restaurant at full speed — with none of the distractions or pain points you don’t want,” said Alyssa Henry, Seller Lead at Square. “Now, we can serve larger restaurant customers, as well as grow with those who have been using Square services from the start. With Square for Restaurants, we’ve created a cohesive solution to help our sellers supercharge their entire restaurant business.”
Businesses using Caviar and Square for Restaurants will also be able to see delivery and pickup orders directly within their point of sale — speeding up operations, reducing incorrect orders, eliminating the clutter of excess tablets, and giving restaurants an omnichannel view of their sales and diner base.
“Caviar’s experience working with thousands of top restaurants across the country gave us the unique insight we needed to build a one-stop point of sale with on-demand delivery integration,” said Gokul Rajaram, Caviar Lead at Square. “We’re excited to bring Caviar and Square together and let our restaurant partners grow their businesses through delivery in an even more effortless way.”
Over 100 restaurants and hospitality groups across the U.S. have already been using Square for Restaurants, including Bar Agricole in San Francisco, Boke Bowl in Portland, Oregon, The Populist in Denver, Greca in New York City, and Philadelphia’s CookNSolo group, which has implemented Caviar integration at Rooster Soup Co.
“There’s always going to be curveballs that the restaurant life throws at you — Square for Restaurants is not one of them. It’s robust while retaining that trademark Square elegance and hassle-free service,” said Michael Solomonov and Steve Cook, cofounders of CookNSolo Restaurant Partners. “At Rooster Soup Co., partnering with Caviar has shown that delivery orders can be an important growth lever for the business, so the fact that we can have Caviar integrated right into the point of sale is a game changer.”
Square for Restaurants rounds out the company’s vertical point-of-sale offerings, which include Square for Retail and Square Appointments for service-based businesses. With several vertical points of sale custom-built for sellers’ needs, Square can offer more tailored solutions to each industry it serves. Like other vertical offerings, Square for Restaurants gives sellers integrated access to Square payments processing and its full ecosystem of products and services, including Payroll, Capital, and more.
To learn more about Square for Restaurants, please visit www.square.com/restaurants. Restaurants interested in joining the Caviar integration beta specifically are invited to contact Square sales.
About Square, Inc.
Square, Inc. (NYSE:SQ) creates tools that help sellers start, run, and grow their businesses. Square enables sellers to accept card payments and also provides reporting and analytics, next-day settlement, and chargeback protection. Square’s point-of-sale software and other business services help sellers manage inventory, locations, and employees; access financing; engage customers; and grow sales. The Cash App is an easy way for businesses and individuals to send and receive money, and Caviar is a food ordering service for popular restaurants. Square was founded in 2009 and is headquartered in San Francisco, with offices in the United States, Canada, Japan, Australia, Ireland, and the UK.