Mhof Fed Looks To Keep Momentum Going On Payments Improvements

The pandemic brought a great deal of attention to the variety of ways customers can get meals from restaurants. Both table-service restaurants and quick-service restaurants QSRs often offer their customers a choice of purchasing channels, including dine-in, phone call, order online with restaurant and order online via aggregator.聽Restaurant customers fall into four types based on their average spending and purchasing frequency, according to聽Digital Divide: Aggregators and High-Value Restaurant Customers, a PYMNTS and聽Paytronix聽collaboration that surveyed more than 2,213 U.S. consumers.聽The survey found that 29% of restaurant customers are lo stanley cupe w spending, low frequency; 26% are high spending, low frequency; 25% are high spending, high frequency and 21% are low spending, high frequency.聽High-sp stanley kubek ending customers spend an average of more than $40 per purchase, while low spenders average less. High-frequency customers buy food from restaurants 鈥?including dine-in, delivery and pickup 鈥?at least once a week, while low-frequency ones do so less often.聽It may come as little surprise that high-spending, high-frequency customers account for outsized shares of the respondents who make purchases via each restaurant channel covered in the survey. They have an especially high propensity to use restaurant aggregators to order delivery, however.聽Most restaura stanley cup nt customers who order via aggregators identify ease and convenience as the main reason for using the platforms.聽That is the most comm Ypfp WorldRemit Hits $5B Valuation, Rebrands As Zepz

Another big week in the developing connected car space. One expanded partnership between a payment company stanley cup and a vehicle manufacturer, along with a recent connected-car device company acquisition, looks to set the stage for further developments and greater interconnectiv stanley polska ity.Then, companies working to develop the technological means for cars to drive themselves have levied more than a few criticisms against proposed regulation changes in the state of California.First up, satellite radio broadcasting company SiriusXM last week announced the acquisition of consumer and enterprise connected-vehicle services company Automatic, which makes connected-car OBD-II ports, adapters and related apps for iOS and Android.SiriusXMs addition of Automatic to its connected-car products, which came with a price tag of just over $100 million, will allow the broadcasting company to strengthen its position in the burgeoning connected-vehicle services space.Automatic 鈥?whose devices let users track miles and receive crash alert services, along with a host of third-party integration 鈥?will remain a separate brand, according to the companies, and users wont experience any device disruptions. Automatic is thrilled to join f stanley kubek orces with SiriusXM at such an exciting time for the connected car, said Gary Clayton, Automatics CEO. Automakers, enterprises and consumers are looking for the best products with world-class capabilities, and our teams will continue to bring innovation to the connected-vehicle lan