STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Mad Mex Restaurant Turns the Tables on Pandemic Disruption with NCR Aloha

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

NCR Corporation (NYSE: NCR) partners with Mad Mex, a chain of Mexican restaurants in Pennsylvania, to enhance contactless payment options through NCR Mobile Pay. This development comes as restaurants adapt to COVID-19 safety measures, allowing patrons to pay via QR codes to minimize physical contact. Currently, around 10% of Mad Mex's orders utilize this payment method, boosting service speed and safety. NCR aims to support restaurants in their transition to a contactless future, underscoring the growing trend of mobile payments in the hospitality sector.

Positive
  • 10% of orders at Mad Mex are now processed through NCR Mobile Pay, indicating successful adoption.
  • NCR Mobile Pay enhances customer safety and service speed, allowing quicker table turnover.
Negative
  • None.

When life gave Mad Mex limes, the Mexican restaurant with 12 locations in Pennsylvania made margaritas and sold them via NCR Mobile Pay. Like most restaurants, Mad Mex had to pivot its operations due to the COVID-19 pandemic. The restaurant worked with NCR Corporation (NYSE: NCR), a leading provider of end-to-end software and technology that runs restaurants, to offer new contactless payment capabilities.

Mad Mex needed a way to eliminate the physical handling of credit cards to increase safety for its guests and staff. Already using NCR Aloha to run its restaurant, Mad Mex and NCR channel partner, Pittsburgh POS, seamlessly added NCR Mobile Pay, which allows diners to pay by scanning a QR code with their smartphones. And because NCR Mobile Pay is part of the NCR Aloha portfolio, Mad Mex has one trusted partner to simplify restaurant operations. This is another example of how NCR is building apps, software and services to drive front-end digital transformation.

“Offering a contactless payment option gives our customers and staff a little more peace of mind. Now, approximately 10% of orders are completed using NCR Mobile Pay,” said Max Baron, IT manager at Big Burrito Restaurant Group, parent company of Mad Mex. “Beyond safety, this payment option has increased our speed of service, which helps us turn tables faster.”

“The COVID-19 pandemic has accelerated the use of mobile payments by consumers and restaurants alike. While safety is a driving factor of the technology’s adoption, people will continue using it because of convenience and it will remain one of the solutions enabling operators to run their restaurants from end to end,” said Dirk Izzo, president and GM, NCR Hospitality. “Our goal is to help customers like Mad Mex seamlessly transition into a contactless future.”

Click here for more information on NCR Mobile Pay.

NCR is a full end-to-end provider from order creation to payment settlement that brings together software, services and hardware -- trusted by more than 100,000 restaurants, including independent operators, domestic chains and international brands across the globe. NCR’s comprehensive offering includes the signature NCR Aloha POS platform and NCR Silver Pro, to provide everything restaurants need to run their business, boost efficiency and increase growth.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading software- and services-led enterprise provider in the financial, retail and hospitality industries. NCR is headquartered in Atlanta, Ga., with 36,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Website: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

FAQ

What is NCR Corporation's role in the restaurant industry?

NCR Corporation provides end-to-end software and technology solutions for restaurants, including payment processing through NCR Mobile Pay.

How has Mad Mex adapted to COVID-19 using NCR's technology?

Mad Mex has implemented NCR Mobile Pay to offer contactless payments, enhancing safety for customers and staff.

What percentage of Mad Mex's orders are completed using NCR Mobile Pay?

Approximately 10% of Mad Mex's orders are completed using NCR Mobile Pay.

How does NCR Mobile Pay improve restaurant operations?

By allowing customers to pay with QR codes, NCR Mobile Pay increases safety and speeds up service, resulting in faster table turnover.

What are the benefits of contactless payments for restaurants like Mad Mex?

Contactless payments enhance customer safety, increase service speed, and improve operational efficiency.

NCR CORPORATION

NYSE:NCR

NCR Rankings

NCR Latest News

NCR Stock Data

3.82B
123.90M
4.94%
88.73%
5.16%
Information Technology Services
Technology
Link
United States of America
Atlanta