Category
Business
Surprise Merch
Trend cluster
Category
Table
Payment
Companies are releasing POS devices with convenient technological enhancements.
3.6
Trend score
Trend
What is the Table Payment trend?
Table Payment: Companies are upgrading Point of Sale (POS) systems with contemporary technology for use in restaurants or food service establishments. These upgrades include self-ordering capabilities, small-scale designs, and anti-overspending tools.
Insight
The consumer insight behind the Table Payment trend
The modern consumer desires a dining experience where they feel completely in control, from placing an order to managing their spending. The growing desire for convenience stems from a deeper need to streamline daily routines, maximize moments of leisure, and alleviate the mental load of decision-making. Restaurants that can tap into this underlying tension and address these nuanced needs will resonate deeply with the contemporary diner, fostering loyalty and repeat visits.
Trend themes
Themes within the Table Payment trend
Three behaviours holding the trend together01
Upgrade POS Systems
Restaurants are upgrading their Point of Sale (POS) systems with contemporary technology, such as self-ordering capabilities, small-scale designs, and anti-overspending tools, to meet the growing demand for convenience and control.
02
QR-Based Payment Acceptance
The introduction of innovative QR and card acceptance devices, like Pine Labs' 'Mini,' is redefining payment acceptance for small merchants by focusing on QR-first and card-tap contactless payments, providing an affordable option for enhancing payment capabilities.
03
Self-Ordering Kiosks
The launch of self-ordering kiosks, like GoTab's, is facilitating high-speed mobile POS payments for table service businesses, streamlining the order and payment process while allowing for real-time communication and additional revenue opportunities.
Industry implications
What the Table Payment trend means for industry
Where the trend changes the playbookFor
Restaurant Technology
Business professionals in the restaurant industry can reference the trend of upgrading POS systems, which include self-ordering capabilities, small-scale designs, and anti-overspending tools, to provide a convenient and seamless dining experience for customers.
For
Payment Solutions
The trend of QR-based payment acceptance, focusing on QR-first and card-tap contactless payments, provides an affordable option for small merchants to enhance their payment capabilities and offer convenient payment options to their customers.
For
Hospitality Technology
The trend of self-ordering kiosks for table service businesses allows for high-speed mobile POS payments, real-time communication, and improved revenue opportunities, providing business professionals in the hospitality industry with streamlined operations and enhanced customer experiences.
Workshop question
How can your brand enhance its customer service through personalized offerings?
Trend signals
Trend signals for Table Payment
Trend score 3.6 out of 10, from popularity 45%, activity 45%, freshness 19%.
Popularity45%
Activity45%
Freshness19%
Audience
50%Men
50%Women
- Gen Alpha (not a primary audience)
- Gen Z
- Millennial
- Gen X
- Boomer
Market
North America
Europe
Asia-Pacific
Evidence
Examples of the Table Payment trend
4 featured examples from Aug 4 to Oct 10, 2023CategoryBusiness
Self-Ordering Table Systems
GoTab Launches the Self-Ordering Kiosks for Table Service Businesses
The restaurant industry can leverage self-ordering kiosks to optimize order management, inventory control, and dining experience, leading to increased customer satisfaction and bu…
CategoryTech
Anti-Overspending POS Systems
The 'Impress' Wealth Management POS Concept is Advanced
The 'Impress' wealth management POS concept can be applied in the retail industry to provide customers with a convenient tool for monitoring their spending and managing their budg…
CategoryBusiness
Affordable Payment Acceptance Devices
Pine Labs Launches the 'Mini' QR Device with Card Acceptance
The 'Mini' device brings disruptive innovation to the retail industry by providing an affordable payment acceptance solution for small merchants.
CategoryBusiness
Compact Payment Devices
Dojo Releases a Pocket-Sized Card Machine for Convenient Table Payments
Compact payment devices offer significant opportunities for the hospitality industry to streamline operations, save time, and enhance customer satisfaction.
