Domestic F&B sector quick to warm up to QuikWallet mobile app for payment needs

QuikWallet, the mobile app that allows patrons to pay their F&B bills with their smartphones has emerged as a preferred choice for restaurants in India and now has 800 plus F&B outlets as it customers and a hundred thousand users, stated a release.

Restaurants have varied needs and QuikWallet says it solves their problems, be it payments for dine-in customers or deliveries. The app is available on iOS and Android, and for users on other platforms the app is available at http://qw.cm.

QuikWal7let has developed an online payment gateway and interfaces directly with Banks to process payments. The company is soon launching a new feature specifically for Bars. Mohit Lalvani, CEO at QuikWallet said “After feedback from our restaurant partners, we realized we needed a different approach to tackle the operational requirements of Bars. 80 per cent of payments at Bars take place via cards which are simply inconvenient. With QuikWallet’s new solution, user’s load money via cash or entering their credit / debit card details. To pay, you simply show a PIN generated in the App to the Bartender and you’re done!”

Once you download and register your card details with QuikWallet, the app displays a list of nearby outlets. To pay, you give your mobile number to the outlet staff and receive a notification with your bill details. You complete the payment like a normal online transaction where you enter the CVV & your Bank’s password. This makes the process safer than handing over the card because the merchant doesn’t see your card details.

The company has identified loyalty as another key focus area and outlets can either enrol into the Quik Credits loyalty programme or even choose to integrate or offer a custom loyalty / membership offering on the platform. The company says it provides a unified solution which not only helps drive additional business and footfalls, but also provides tools to retain customers.

Source: http://www.hospitalitybizindia.com/detailNews.aspx?aid=21593&sid=1

Filed Under: F&B

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