the secure and convenient way to open,
view and pay your tab with a smartphone, is now fully integrated
with the POS technology of industry leader MICROS Systems, Inc. (NASDAQ:
MCRS). This offering means a larger segment of the hospitality industry
across the country can now promote a mobile payment option – and the
more than 69M
U.S. consumers with smartphones in their pockets have an instant,
secure and free way to experience mobile payment today.
"Tabbedout’s approach marks a radical shift in the mobile payment
landscape,” said Michael L. Russo, Chief Technology Officer, MICROS. "We
partnered with Tabbedout as the integrated solution to provide our
merchants with the peace of mind of security encryption on the back end,
coupled with the marketing capabilities and social media integration on
the front end.”
Available for free on both iPhone and Android smartphones, the Tabbedout
application was built by security experts with ease of use and marketing
capabilities in mind. Unlike other mobile payment solutions, Tabbedout
allows users to store credit card information directly on their phone,
under passphrase protection, instead of on host servers. Consumers are
safe from the threat of lost or stolen credit cards and can open, view
and pay their tab at their own pace, and share their social experiences
with friends via Facebook, Twitter and Foursquare, all within the
Currently, Tabbedout’s powerful payment solution has enabled thousands
of mobile payments at a network of restaurants and bars across 20 states
in 90 cities. Today’s news will have an immediate and direct impact on
the number of merchants offering the Tabbedout service to patrons.
Orr, CEO, Tabbedout, "Partnering with MICROS enables us to offer
unparalleled integration and expand our network of venues, which means
more consumers will be able to experience the security and ease of
paying with their phone. Mobile payments are a hot topic, but research
shows that mobile payment is a reality at only .1% of the overall U.S.
retail sales landscape. We are excited to accelerate our growth while
helping merchants generate more profit and offering consumers the unique
capability to maximize their time with friends rather than anxiously
awaiting their check.”
Once Tabbedout has been downloaded for free from the iPhone App Store or
Android Market, consumers can quickly and easily find locations and
open, view and pay tabs. Credit and debit card information is encrypted
securely on the user’s phone, not on Tabbedout’s servers. A random
secret code is displayed on the screen each time a consumer opens a tab
– that’s the only information the consumer needs to provide the server
or bartender. Customers can leverage Tabbedout’s integration with top
social networks to check-in and let their friends know where they are or
to check-out and let them know where they are going next. Receipts can
be emailed automatically and customers can even call a local cab using
Cabbedout, all from within the app.
experience increased sales, payment security and operations
efficiency with the Tabbedout solution embedded in their MICROS POS
system. Customers are able to pay on their own time, so restaurants and
bars can serve more people, especially during peak hours. Additionally,
merchants reduce fraud exposure for their patrons by removing the
exchange of a physical credit card. Payment information is validated
upfront and the POS clearly notifies the staff when a tab is paid.
About MICROS Systems, Inc.
MICROS Systems, Inc. provides enterprise applications for the
hospitality and retail industries worldwide. Over 330,000 MICROS systems
are currently installed in table and quick service restaurants, hotels,
motels, casinos, leisure and entertainment, and retail operations in
more than 130 countries, and on all seven continents. In addition,
MICROS provides property management systems, central reservation and
customer information solutions under the brand MICROS-Fidelio for more
than 26,000 hotels worldwide, as well as point-of-sale, loss prevention,
and cross-channel functionality through its MICROS-Retail division for
more than 90,000 retail stores worldwide. MICROS stock is traded through
NASQAQ under the symbol MCRS.
For more information on MICROS and its advanced information technology
solutions for the hospitality industry, please contact Louise Casamento,
Vice President of Marketing at (443) 285-8144 or (866) 287-4736. You can
also visit the MICROS website at www.micros.com
or send an email to firstname.lastname@example.org.
Tabbedout®is the cure for forgotten credit cards and missing out on a
good time. Tabbedout makes mobile payment a simple and secure process
that is widely available, so that bars and restaurants can spend more
time with their customers. The free Tabbedout mobile app for iPhone and
Android lets consumers open a tab with their mobile phone, view their
tab in real-time and pay the tab anytime, anywhere, putting them in
control over how and when they pay. For more information, visit: http://www.tabbedout.com/
or contact email@example.com
to learn more about becoming a Tabbedout partner.
Check us out on Facebook;
follow us on Twitter.