TouchBistro And Chase Introduce The Next Generation Of Payment Technology For Restaurants

TouchBistro, the provider of iPad POS software that has helped more than 12,000 restaurants improve their business operations, is introducing TouchBistro Payments powered by WePay, a Chase company.

The companies are teaming up to deliver two time-saving innovations busy restaurant owners need: instant payment processing; and a new, integrated mobile payment device that allows customers to easily pay at the table as they choose - tap, chip, and traditional magnetic strip.

"With TouchBistro Payments powered by WePay, our restaurants will onboard instantly, so they can start taking payments the moment they unbox TouchBistro," said Alex Barrotti, founder and CEO of TouchBistro. "Both restaurant owners and customers will experience easier payment processing with the new mobile EMV compliant payment device for digital, credit and debit card transactions."

"TouchBistro shares our mission to take the pain out of payments for business owners, and we're super excited to help make life easier for restaurants and their guests every day," said Bill Clerico, co-founder and CEO of WePay. "And with the scale of Chase behind us, TouchBistro Payments has amazing potential for long-term growth."

Through the WePay relationship, TouchBistro will gain a promotional platform to market its restaurant point-of-sale solution on Chase.com and other channels. Chase has more than 5,000 branches and four million small business clients including thousands of restaurants, breweries, and others in the food service industry.

This partnership also makes it easier for restaurants who bank with Chase to instantly integrate with TouchBistro and benefit from the intuitive POS functionality and rich features TouchBistro offers. Built specifically for the foodservice industry, TouchBistro helps restaurateurs run a better business by enabling them to make more money, deliver a great guest experience, and take the guesswork out of making business decisions.

In 2016 WePay introduced a mobile POS for omnichannel payments. This WePay solution is the foundation of TouchBistro Payments, which - along with the new payment terminal - will launch this spring. For more information, visit www.touchbistro.com/payments.

About WePay

WePay helps software platforms provide integrated payments processing. The company has uniquely enabled more than 1,000 platforms including Constant Contact, GoFundMe, and Meetup to incorporate payments so their users can start getting paid in minutes, all without compromising on their user experience or taking on risk and regulatory exposure. WePay was acquired by JPMorgan Chase & Co. in December 2017 and now operates within Chase Merchant Services, the firm's global payment acceptance and merchant acquiring business and a leading provider of payment, fraud management, and data security solutions, capable of authorizing transactions in more than 130 currencies. For more information, visit  wepay.com.

About TouchBistro

TouchBistro is an iPad POS built for restaurant people, by restaurant people - with every feature designed to meet the unique needs and fast pace of the foodservice industry. TouchBistro has powered over 12,000 restaurants in more than 100 countries worldwide and helps restaurateurs across the globe to run better businesses and makes managing a restaurant easier. TouchBistro is an award-winning POS that offers in-depth training and free 24/7 technical support provided by POS specialists who have also worked in the restaurant industry. With offices in Toronto, New York, Austin, Chicago, London, Bogota, and Mexico City, TouchBistro is a global POS leader and is changing the way restaurateurs worldwide run their businesses.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180306006276/en/

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