On May 22, 2010, an off-premises customer paid the 2019 equivalent of over $71 million for two pizzas. Reaching out on a cryptocurrency forum, Laszlo Hanyecz pledged 10,000 Bitcoins to anyone who would make the delivery, which amounted to only $41 at the time. Ever since, the internet has commemorated this event, now called Bitcoin
The era of carrying cash and checkbooks is quickly vanishing, and mobile payment options are the new, mainstream focal point of the restaurant industry. Fifteen years ago, 90% of payment transactions at restaurants were made in cash. It is now predicted that this year, nearly 90% of all payments will be made using a credit or debit
Restaurants are at the forefront of mobile payments and online ordering. It’s not even the fact that more people are in a hurry most times- online ordering and mobile payments increase customer experience and convenience. The general population is depending more and more on mobile payments, and why wouldn’t they? Everyone has their smartphone on them