Automatic Checkout for Restaurants

Tabbed has secured $1.7 million in pre-seed funding to bring a patent-pending app to market that uses geofencing to allow diners to automatically pay for meals without signing a check when they exit a restaurant. The Tabbed app will rely on a registered user’s mobile phone GPS capabilities. When a Tabbed member arrives at a restaurant, they are automatically checked in, and a tab is opened under their name on the business’s CRM or POS software. Then Tabbed initiates a preapproved amount based on the business’s average order value. When an order is placed, the app is updated via a connec...

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May 2023
Headlines in this Issue
Charts in this Issue

Global Brand Card Networks Worldwide–Purchase Transactions (Bil.) in 2022
Global Network Card Results Worldwide–Purchase Volume by Product
History of Purchase Transactions Worldwide–2016 through 2022
Global Network Cards in Circulation with Market Shares
Global Network Cards Worldwide 2022
Global Debit & Prepaid Cards 2022
Global Credit Cards 2022
Investments & Acquisitions–April 2023