Square Partners with TouchBistro and Vend Offering Financial Services
Today, Square announced new integrations that will give TouchBistro and Vend retailers the ability to process payments with Square and access the platform, including its hardware payments infrastructure and financial service offerings.
“Many larger sellers, like full-service restaurants and retailers, have individualized point-of-sale needs and have built their businesses using TouchBistro and Vend,” stated Square in Monday’s Press Release, “By integrating with Square, these sellers can continue to use the tools they love while expanding their capabilities to include all the services Square can offer.” These include accepting chip cards, Apple Pay, instant deposits, and analytics dashboards.
There was a time when these companies were certain competitors, each offering businesses a near-turnkey point of sale solution. Following Square’s pivot to offering individual services, along with its public API’s debuted in spring 2016, the opportunities to work together makes a lot more sense.
“TouchBistro’s integration with Square is simply a great combination for food businesses, from cafes to full-service restaurants. We strive to partner with best-in-class technology companies to deliver a cohesive solution that meets the many faceted needs of our customers,” said Alex Barrotti, CEO and founder of TouchBistro.
TouchBistro and Vend customers now have access to new hardware options, including access to the Square reader which is compatible with Apple Pay in the US. For Square, this deal represents a major step forward in their quest to offer financial services for small businesses.
“Today’s partnership with TouchBistro and Vend is a natural fit for our companies and means that more sellers will have access to payments and financial services to reinvest in their business,” said Francoise Brougher, Business Lead at Square.
Select TouchBistro and Vend businesses can integrate with Square as of today while others will have to wait for updated in coming weeks.