Page 26 - GS210801
P. 26

CoverStory




        tactless payments if they perceived them to be secure. "Fast   who install the best tech will ultimately be the winners;
        forward almost two years, and contactless and touchless   customer centricity and data are becoming the two most
        commerce are widely adopted and supported at almost all   important aspects of a business."
        QSRs," Kronenthal said. "Technology has enabled a new
        world of commerce, giving consumers the ability to pay   With growth of takeout and delivery, Izzo expects dining
        more safely and securely with contactless, QSR codes and   room footprints to shrink as restaurants dedicate more
        mobile ordering."                                       space to cooking and preparing orders. This may include
                                                                implementing a central kitchen or ghost kitchen, he stated,
        Mark Bunney, director, go to market strategy at Ingenico,   or repurposing space to accommodate more delivery driv-
        a Worldpay company, also noticed how much attitudes     ers  and  order-ahead-for-pickup  patrons  who  will  come
        have changed since the FreedomPay and Ingenico study    into their stores. Mobile apps, loyalty programs and digi-
        was published. "I remember talking with people [about   tal ordering will continue to scale as restaurants move to
        customer engagement and personalized offers]," he said.   frictionless ordering and third-party delivery services, he
        "And now, people are more guarded about their privacy in   added.
        stores and online. As markets evolve and change, we want
        our partners to be successful not only today but five years   Bunney urged QSRs to be bold, experiment  and take
        from now."                                              chances. He spotted a QSR trying different approaches at
                                                                the drive-thru during the pandemic, first by handing POS
        Commerce enablement                                     devices to drivers, then by passing credit cards back and
        As Baltazar noted, at the height of the pandemic, when in-  forth in Solo cups and finally getting it right with a tap-
        door dining was not an option, service providers launched   and-go solution. "In the QSR market, 60 to 65 percent of
        initiatives to help QSRs stay open, productive and con-  revenue is captured at the drive thru," Bunney said. "We
        nected to customers. These programs reflect the interde-  try to provide solutions that make it easy to engage, take
        pendence of tech and QSR partnerships.                  payments as part of the experience and also make it safe
                                                                and socially distanced."
        NCR established a global coronavirus task force to help   Open-ended models
        maintain employee safety, customer safety and business
        continuity along with a coronavirus resources site with   Open-source technology and trusted partnerships hold
        tips to help restaurants navigate the new environment.   the key to next-generation QSRs, Kronenthal stated. "It is
        "When restaurants needed to satisfy customers looking   vitally important that QSRs work with a capable, trusted
        for safer, contactless dining experiences, NCR answered   partner to enable them to understand the possibilities of
        the call," Izzo said.                                   commerce technology," he said. "FreedomPay is seeing
                                                                widespread  adoption  of  new  tech  to  make  it  faster  and
        FreedomPay created a Touchless Commerce program to      safer to order. The implementation of Tip on Device at
        enable merchants to digitally serve consumers in a variety   the counter is a means to drive incremental revenue with
        of ways, from curbside pick-up to QSR codes. FreedomPay   higher average tickets and we believe curbside is here to
        partners played a pivotal role, Kronenthal stated. "Going   stay as a revenue center."
        forward, the world of fintech will be won and lost by open
        partnerships and tech collaboration," he said.          Kronenthal went on to say that he expects online order-
                                                                ing and curbside pickup to enhance but not replace in-
        Ingenico implemented a COVID-19 action plan in the early   door dining. Human beings will always want to be served
        days of the pandemic, rolling out safe, socially distanced   food, eat with friends or grab a quick bite not made in their
        solutions. "The goal with all of these projects is enable-  kitchen, and merchants will continue to offer incentives,
        ment," Bunney said. "It's how can we enable the ecosystem,   experiences, offers and rewards to entice the customer
        how we enable our partners and their customers; that's   back, he noted.
        what we're seeing with the flexibility of POS technology
        solutions."                                             Bunney suggested that technology partnerships are be-
                                                                coming more flexible and open ended. Ingenico has re-
        Next-gen QSRs                                           structured its service model to make it easier to customize
        When asked what the future holds for QSRs, executives   and scale. "This is exciting for our sales team because the
        lauded technology's role in facilitating a frictionless cus-  sales approach is very different," he said. "Unlike a termi-
        tomer experience across channels and devices.           nal sale, where you provide specs and then you're done,
                                                                a terminal-as-a-service model allows us to dig into a cus-
        For Kronenthal, choice in delivery, pick-up and mobile   tomer's challenges and customize accordingly."
        payments is key. "Most consumers love the flexibility born
        from pandemic-enabled-tech," he said. "The payments in-  Bunney noted that customizations are also possible with
        dustry is rapidly becoming a technology play and QSRs   traditional hardware sales but tend to be more static in
                                                                nature; providing hosted terminal estate management,


        26
   21   22   23   24   25   26   27   28   29   30   31