Food delivery is a convenient way to fill your stomach after a busy day. French startup Wynd is taking it a step further by offering a service to jointly discover new restaurants, order your favorite food, and then pay in the same ecosystem. In a way, Wynd disrupts the traditional industry chain where restaurants rely on mainstream software vendors to create customized solutions. The way we eat at restaurants has evolved over time, especially as technology advances at an ever-faster pace. Using software solutions to find new restaurants and order food is nothing new in this day and age. While some consumers prefer the “ old-fashioned way , ” convenience trumps everything when it comes to eating. French startup Wynd is thoughtfully targeting large restaurant chains that already have software-based solutions in place, but currently lack updates from developers. Online ordering is convenient for consumers, but can be a hassle for restaurants. Unlike most software providers, Wynd offers restaurants the choice of using the full suite of services or just a specific aspect. In fact, this modular approach to software as a service may be the right way to improve the restaurant experience. Customization plays a key role in the services Wynd offers, and the seamless integration of the modules will take note of this. At the time of publishing, nearly 18,000 points of sale rely on the services provided by Wynd . As you would expect, the majority of these venues will be based in France, but Wynd is also very popular in Europe and the Middle East. International expansion is planned for the coming months, but further details were not made public. A decisive factor in choosing Wynd over other service providers is the lower upfront costs. Sure, there is an installation fee as well as a recurring fee, but these seem like small prices to pay for a convenient solution that takes only minutes to install. It’s important to remember that when a restaurant signs up for the cash register module, Wynd will charge a fee for every transaction. Huge Business Opportunities for Bitcoin Payments Wynd has attracted considerable attention from investors around the world, and a recent Series A funding round worth $ 7.8 million in the United States will help strengthen the company's marketing efforts. One way to make their product more attractive is to introduce new and disruptive payment methods such as Bitcoin. Paying at a restaurant should be a seamless experience for both the customer and the staff. Software solutions are a great way to achieve this, but they will still rely on traditional financial solutions. Ultimately, restaurants only receive money when a credit card payment has cleared, whereas if Bitcoin is accepted, they will get the funds in fiat currency the next business day. |
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