Stored-value card

Paytronix Digital Ordering Platform Shows Huge Growth

Retrieved on:

星期三, 三月 23, 2022

Customer demand for the digital ordering platform doubled in 14 months.

Key Points:

Customer demand for the digital ordering platform doubled in 14 months.
Native solution is within the Paytronix all-in-one engagement platform.
NEWTON, Mass., March 23, 2022 (GLOBE NEWSWIRE) -- Paytronix Systems, Inc., the most advanced digital guest experience platform , today announced that customer demand of its digital ordering platform, Paytronix Order & Delivery, has doubled in the last 14 months.
Based in Newton, Massachusetts, Paytronix is a provider of SaaS customer experience management (CXM) solutions for restaurants and convenience stores.

Paytronix & PYMNTS Report: Integrating Digital and On-Site Experience is Key to Driving Restaurant Sales

Retrieved on:

星期一, 三月 7, 2022

NEWTON, Mass., March 07, 2022 (GLOBE NEWSWIRE) -- Paytronix Systems, Inc., the most advanced digital guest experience platform, today published The 2022 Restaurant Friction Index, which finds that restaurant managers are looking to integrate physical and online customer experience as a key component of their innovation strategy. Already a cross-channel ordering experience is a key part or a restaurant’s success, as 41% of the average restaurant’s sales now come through digital channels, including mobile apps, aggregators, and websites. This share of sales is far more than the 32% the average restaurant generated via its brick-and-mortar location and the 26% generated via phone calls.

Key Points:

The average restaurant prices items 3.8% lower for members ordering through loyalty program channels than for customers ordering on its website.
NEWTON, Mass., March 07, 2022 (GLOBE NEWSWIRE) -- Paytronix Systems, Inc., the most advanced digital guest experience platform , today published The 2022 Restaurant Friction Index, which finds that restaurant managers are looking to integrate physical and online customer experience as a key component of their innovation strategy.
Already a cross-channel ordering experience is a key part or a restaurants success, as 41% of the average restaurants sales now come through digital channels, including mobile apps, aggregators, and websites.
The 2022 Restaurant Friction Index, a PYMNTS and Paytronix collaboration, examines how consumers' increasing demand for digital-first ordering experiences are reshaping the U.S. restaurant industry.

Global Prepaid Cards Market Trajectory & Analytics Report 2022: U.S. Market is Estimated at $612.7 Billion in 2021, While China is Forecast to Reach $382.8 Billion by 2026 - ResearchAndMarkets.com

Retrieved on:

星期四, 三月 3, 2022

Retail, Professional Services, Other Retail, Finance, CAGR, Loop, Travel, Adoption, COVID, Awareness, Growth, Control, Closed loop, Stored-value card, Payment card, Pet, Bank, Financial services, Online shopping

While still a young industry, prepaid cards are gradually evolving into mainstream market driven by wider acceptance and favorable attributes.

Key Points:

While still a young industry, prepaid cards are gradually evolving into mainstream market driven by wider acceptance and favorable attributes.
Prepaid gift cards are increasingly becoming a part of core employee engagement and reward strategies in various business entities.
Retailers are increasingly selling these cards to improve customer loyalty, brand awareness and increase footfalls, driving sales of prepaid cards.
The U.S. Market is Estimated at $612.7 Billion in 2021, While China is Forecast to Reach $382.8 Billion by 2026
The Prepaid Cards market in the U.S. is estimated at US$612.7 Billion in the year 2021.

Convenience Stores Own the Third-Party Delivery Channel with Paytronix Handoff(SM)

Retrieved on:

星期二, 二月 22, 2022

NEWTON, Mass., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Delivery aggregators and online-only platforms are moving quickly into the convenience store market.

Key Points:

NEWTON, Mass., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Delivery aggregators and online-only platforms are moving quickly into the convenience store market.
Today Paytronix Systems, Inc., the most advanced digital guest experience platform , announced that Paytronix HandoffSM is ready for retailers to manage digital ordering information across all channels.
The c-store market is changing rapidly with third-party delivery platforms and online-only companies focusing on 15-minute delivery of center-store items, said Paytronix CEO Andrew Robbins.
Based in Newton, Massachusetts, Paytronix is a provider of SaaS customer experience management (CXM) solutions for restaurants and convenience stores.

Paytronix and PYMNTS Report: Nearly Half of Restaurant Patrons Engage with A Loyalty Program

Retrieved on:

星期一, 二月 14, 2022

Consequently, mobile technologies are key to customer engagement as half of patrons interact with their favorite restaurants loyalty programs via the restaurants mobile apps.

Key Points:

Consequently, mobile technologies are key to customer engagement as half of patrons interact with their favorite restaurants loyalty programs via the restaurants mobile apps.
According to the report, 48% of restaurant customers used loyalty programs in at least one type of restaurant during the past three PYMNTS and Paytronix surveys.
Nearly 70% of QSR patrons use loyalty programs in several of the restaurants they purchase from frequently.
Table-service restaurant patrons use loyalty programs slightly less frequently: 64% of these clients use loyalty programs in several of the restaurants they purchase from frequently.

Dining Out is Back for 2022 Says Paytronix Restaurant Gift Card Sales Report

Retrieved on:

星期一, 二月 7, 2022

Newton, GLOBE, Loyalty, CXM, Stored-value card, Restaurant, CRM, Solution, Sale, Software as a service, Big data, QSR, Family, CEO, Channel, Out-of-order delivery, Corporation, Digital, Online shopping

NEWTON, Mass., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Paytronix Systems, Inc., the most advanced digital guest experience platform, today published the Paytronix Restaurant Gift Card Sales Report 2022, which finds that 2021 card sales were up significantly over 2020 sales but still below pre-pandemic levels. The big winners are restaurants that specialize in on-premises dining, such as those in the family and fine-dining categories. The data also reveals a major shift to e-gifting.

Key Points:

NEWTON, Mass., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Paytronix Systems, Inc., the most advanced digital guest experience platform , today published the Paytronix Restaurant Gift Card Sales Report 2022 , which finds that 2021 card sales were up significantly over 2020 sales but still below pre-pandemic levels.
Digital card sales in 2021 were the highest theyve been in the years included in this report.
Paytronix Restaurant Gift Card Sales Report 2022 provides an in-depth look at annual restaurant gift card sales.
All data is sourced from gift card sales processed by Paytronix between January 1, 2021 and December 31, 2021.

Paytronix and PYMNTS Report: Restaurant Brands with Digital-First Features More Likely to Succeed

Retrieved on:

星期一, 一月 10, 2022

“Convenience has a reputation for impacting consumer choice in restaurant service, but pricing influences all demographics' decision making. Pricing is not a linear concept for many consumers: surcharges and delivery fees appear to be perceived as friction during an order, but they often are overcome by advantages in convenience and user experience. Generations prioritize costs differently as well. Younger consumers are willing to pay a premium to save time, while seniors and baby boomers tend to sacrifice convenience to avoid delivery fees when choosing how to purchase from restaurants.” -- The Digital Divide: Delivery Service Aggregators and The Digital Shift

Key Points:

The report highlights how ease-of-use, convenience are the top drivers when consumers make restaurant purchasing decisions.
Whats more, even in on-premises situations, restaurants that offer digital first features, like mobile payments, will appeal to key audiences.
Convenience has a reputation for impacting consumer choice in restaurant service, but pricing influences all demographics' decision making.
Table-service restaurant customers are slightly more likely to use loyalty programs than those of QSRs (45% and 42%, respectively).

Juniper Research: Prepaid Card Transaction Value to Exceed $4.1 Trillion by 2026 Globally, as Financial Inclusion Drives Usage

Retrieved on:

星期一, 一月 10, 2022

Professional Services, Online Retail, Retail, Technology, Mobile, Wireless, Finance, Banking, Industry, Research, Growth, Stored-value card, Financial services

A new study from Juniper Research has found the value of transactions made over prepaid cards will exceed $4.1 trillion globally in 2026; up from $2.3 trillion in 2021 - a substantial growth of 75%.

Key Points:

A new study from Juniper Research has found the value of transactions made over prepaid cards will exceed $4.1 trillion globally in 2026; up from $2.3 trillion in 2021 - a substantial growth of 75%.
By 2026, prepaid card transaction value will be just over 50% higher than those forecast for contactless payment transactions; illustrating the importance of this market.
The growth in prepaid cards will be driven by the ongoing replacement of cash, as economies move increasingly towards digital payments.
The research identified prepaid cards as being critical to ensuring that the unbanked are included in the rush for digital payments.

Paytronix Reports 43% Increase in Year-Over-Year Holiday Gift Card Sales

Retrieved on:

星期一, 一月 3, 2022

The sales numbers exceed the early indications shown when Paytronix examined Black Friday restaurant gift card sales.

Key Points:

The sales numbers exceed the early indications shown when Paytronix examined Black Friday restaurant gift card sales.
This holiday gift card sales analysis is part of a larger analysis that will be published in 2022.
This research will supplement the Paytronix Annual Gift Card Sales Report: 2021, which surveys brands about their annual gift card sales over the course of the year.
Paytronix offers an in-depth look into holiday gift card sales, sales by channel and service type, anticipated redemption, and new insights on eGift cards.

Paytronix & PYMNTS Report: High-spending, high-frequency customers eager for discounts and loyalty programs

Retrieved on:

星期一, 十二月 13, 2021

A PYMNTS and Paytronix collaboration, The Digital Divide examines the spending habits of United States restaurant customers, focusing specifically on the critical high-spending, high-frequency customer segment.

Key Points:

A PYMNTS and Paytronix collaboration, The Digital Divide examines the spending habits of United States restaurant customers, focusing specifically on the critical high-spending, high-frequency customer segment.
High-spending customers spend an average of more than $40 per purchase, while high-frequency customers buy food from restaurants including dine-in, delivery, and pickup at least once a week.
Deals & Discounts -- High-spending, high-frequency aggregator users focus more on deals and discounts than other consumers.
Larger shares of high-spending, high-frequency customers care about accessing deals, discounts and loyalty programs when ordering delivery than those in other groups, whether via an aggregator or directly from a restaurant.