Takeout Technology Processes $1B in 6.5 Months

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Takeout Technology Processes $1B in 6.5 Months

05/08/2018

At the beginning of the year, SYNQ3 Restaurant Solutions’ order transactions spiked, surpassing $3 billion. It took 53 months to reach the company’s first billion dollars in transactions processed, 16 for the second, and now 6.5 for the third.

To meet the growing demands, SYNQ3 expanded to a new global operations center to service the more than 7,500 restaurants nationwide that now utilize the company’s off-premise, takeout-ordering and technology solutions.

SYNQ3’s Rapid Reorder technology provides fast, frictionless ordering that saves the guest an average of 105 seconds on repeat orders. The tech currently has an adoption rate of nearly 20% of identified guests. Some frequent users order their favorite meal in less than 10 seconds.

The Rapid Reorder technology was recently featured in a Xevo Inc. demonstration of its automotive commerce platform, Xevo Market, at the 2018 Restaurant Leadership Conference in Phoenix, Ariz. Xevo Market allows customers to order and pay for goods and services, make reservations, and find locations of their favorite brands through the touchscreens of their vehicles and vehicle-brand-specific smartphone apps. Xevo Market is currently live in millions of vehicles.