OpenTable Starts Testing Mobile Payments
OpenTable is the largest online reservation company that lets users book a restaurant through a smartphone or website. OpenTable is now getting ready to allow users to pay for the meal through the app.
The payment option is still being tested right now. OpenTable chief executive officer Matthew Roberts said that when the meal is finished, the diner would open the OpenTable app, and pay the check with the tap of a button. The diner can review the bill and adjust the tip as necessary.
“There’s no scanning, there’s no bar codes, there’s no geeky stuff,” said Roberts in an interview with The New York Times.
OpenTable will not take a cut of each transaction if a diner pays with the app. The restaurant will be simply charged the normal interchange fee. Offering a way to pay for your bill through the OpenTable app is simply a way to attract more people to use the service.
OpenTable charges restaurants for reservations through the service along with a monthly service charge for using their equipment.
OpenTable works with 28,000 restaurants. OpenTable acquired JustChalo for $11 million this past June. JustChalo is a mobile technology company that has a payments feature built in for restaurants.
It will still be a while until OpenTable makes this feature available across all restaurants. It is currently being tested only at a few restaurants. The mobile payments system will be introduced in San Francisco by the end of the year.