Payment processing platform WePay is teaming up with TouchBistro, a point of service software for restaurants, to cook up innovation in the dining industry -- one that hasn’t really changed with the times.
“It’s only really recently that we’re seeing a lot of innovation there,” Bill Clerico, Co-founder and CEO of WePay, told Cheddar on Monday.
“The ability to order food ahead and pay at the table and see a menu on an iPad, those are some really cool things that are shaking up this old industry.”
The partnership was announced last week and, according to Clerico, it isn’t going to angle for the same slice of the market as competitors like Square.
“Square is really focused on the smaller restaurants, the smaller retailers,” explained Clerico. “Where we see TouchBistro play is sort of larger restaurants that need more sophisticated systems to manage a larger operation.”
“This market is massive and there are different competitors playing in different parts of that market.”
The partnership will roll out an instant payment processing system and an integrated mobile payment device so that customers can pay at the table.
Additionally, TouchBistro will be able to tap into the vast network of businesses that bank with Chase, which owns WePay.
For the full interview, [click here](https://cheddar.com/videos/cooking-up-innovation-in-the-restaurant-space).
Morningstar equity analyst Nicolas Owens explains Boeing's latest earnings, deliveries, rising fuel costs, and what they mean for airlines and investors.
The 2026 FIFA World Cup is more than just a tournament. With over 6.5 million fans expected to attend, it's become one of the world's largest economic events.
Variety Senior TV Editor Brian Steinberg breaks down media mergers, streaming, cord-cutting, and the biggest trends reshaping the future of television.
As AI demand surges, LT350 is reimagining parking lots as data centers. Founder and CEO Jeff Thramann explains this innovative approach to AI infrastructure.
TIME Editorial Director Lucy Feldman breaks down the 2026 TIME100 Creators list, the evolution of the creator economy, and what's next for digital media.
