Groupon launches point-of-sale system Breadcrumb

Back in May, Groupon purchased Breadcrumb, a point-of-sale system for the hospitality industry meant to erase the clunky systems of past years and replace them with a sleek, affordable iPad app. Breadcrumb offers all the features needed by restaurants, cafes, or bars in a single app, including the ability to process sales using an card swiping attachment for the iPad. Originally offered under a pilot run in New York, this POS app is now available nation-wide.

Features for this point-of-sale app include the ability to track employee labor, map out tables or serving courses, send orders to one or more kitchen stations, control cash drawers and receipt printers, and configure various menus, including pricing. In addition to offering the various features a restaurant or bar may need, Breadcrumb also allows real-time monitoring of reports, which are updated with every interaction with the app. Reports can be viewed by authorized users anywhere via a web browser.

Breadcrumb is only available for the iPad, which is perhaps disappointing to those who prefer Android, although the limitation makes sense from a stability standpoint. The variety of hardware available that runs Android – some of which is very low end – could result in bugs and glitches that, while not explicitly Breadcrumb’s fault, would no doubt be associated with the app instead the hardware. Whether the app will ever be available for Android is unknown.

Pricing is split into four tiers. For small businesses, the $99 pricing tier allows Breadcrumb to be run on one iPad, while the $199 tier authorizes 2 iPads, the $299 tier authorizes 5 iPads, and the $399 tier authorizes 10 iPads. All four pricing options include unlimited users and free updates.

[via Groupon]


Groupon launches point-of-sale system Breadcrumb is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Groupon launches Breadcrumb, officially enters the point-of-sale system market

Groupon launches Breadcrumb, officially enters the pointofsale system market

A few months ago, Groupon quietly scooped up a New York-based startup by the name of Breadcrumb, which, back then, was presumably regarded as a sign of POS-related things to come from the deal-sharing company. Today, nearly five months after its snappy acquisition, Groupon’s officially relaunching launching Breadcrumb, marking the outfit’s formal entrance into the point-of-sale game with its own iPad-based system. Groupon says Breadcrumb will be a great choice for all business owners interested, thanks in large part to its “easy-to-use and affordable” POS iPad system — one which will start off at $99 per month and will include an all-in-one Breadbox that packs all the necessary tools to get up and running, as well as handy 24/7 support from restaurant and bar geniuses. You can get a better feel for what Breadcrumb’s all about in the video below — and please, please don’t forget to clean after yourself.

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Groupon launches Breadcrumb, officially enters the point-of-sale system market originally appeared on Engadget on Wed, 10 Oct 2012 22:22:00 EDT. Please see our terms for use of feeds.

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Square competitor Groupon Payments launches today, promises lowest cost for retailers

Square competitor Groupon Payments launches today, promises lowest cost for retailers

Popular deal website Groupon is venturing into the world of smart phone-based credit card payments today, launching the Groupon Payments initiative nationwide after a successful pilot program is the San Francisco Bay Area earlier this year. Groupon’s boasting a guaranteed lowest cost pricing to merchants using Groupon Payments for credit card transactions — MasterCard, Visa, and Discover will cost retailers 1.8 percent of credit card sales, plus a $0.15 per transaction fee, while American Express will cost three percent of credit card sales, plus a $0.15 per transaction fee. The biggest competition in the space comes from Square, headed by former Twitter co-founder Jack Dorsey, which charges a flat 2.75 percent rate on all transactions against all cards, though PayPal, Intuit, and Verifone all offer similar services.

Today’s news matches up directly with leaks we saw back in May, adding on that merchants will see the day’s credit card purchases credited to their bank accounts overnight, rather than waiting two to three business days (per standard practice). Beyond credit card services, Groupon’s Merchants app also accepts Groupon daily deals, which helps elucidate why Groupon would be interested in entering the mobile credit card payments market in the first place (beyond it being a lucrative market unto itself, of course). Interested parties can sign up over on Groupon’s website, and snag the free payments app right here. Finally — finally — you’ll be able to sell all those $10 gift certificates to Chili’s you’ve been hoarding. Perhaps charge $5 a pop for their $10 value and … is this a paradox? This might be a paradox.

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Square competitor Groupon Payments launches today, promises lowest cost for retailers originally appeared on Engadget on Wed, 19 Sep 2012 11:08:00 EDT. Please see our terms for use of feeds.

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Groupon Q2 earnings bring mixed bag of news

Today the folks at Groupon have let it be known that compared to last year, they’re doing fabulously, with this financial second quarter for them bringing a net income of $28.4 million USD. Compared to last year at this time, that number is fabulous, with last year’s result for this quarter being a net loss of $107.4 million. Revenue also went up 45 percent up $568.3 million, this falling slightly short of a survey by Thomson Reuters which had analysts aiming for $573 million.

These numbers are headed upward if what Groupon projects ends up being true, with a revenue for the current quarter being $580 to $620 million. That’s just a 2 to 9 percent increase between quarters, but a massive 35 to 44 percent increase compared tot he same quarter a year ago. Aside from sales, there were some concerns shared by investors over recent controversy surrounding Groupon Goods.

With the merchandise sales known as Groupon Goods, Groupon records the total amount of cash payed for the transaction no matter what the transaction may be. When one investor expressed concern over Groupon’s way of recording its revenue here, Groupon’s chief financial officer let it be known that there’s really no other way they can do it. Child noted that if the company only reported its share of sales, competitors would learn too much about its business costs.

Child also said that if just Groupon’s share were counted here, revenue growth in the second quarter would have been just 30 percent, not 45. Not one whole heck of a lot was said on the barrage of competition Groupon now faces with Google, Amazon, and Apple’s oncoming selection of deals that are made to compete directly with their company’s model. Stay tuned as Groupon continues to make strides for growth.

[via NYTimes]


Groupon Q2 earnings bring mixed bag of news is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Nokia Maps updated with support for Groupon Now! deals

If you love Groupon deals and have a phone capable of running Nokia Maps, then boy does Nokia have the update for you. Today, Nokia’s Pino Bonetti announced that Nokia Maps has been updated and now includes support for Groupon Now! deals. This means that you’re never too far from the next great Groupon deal, as Groupon Now! allows you to purchase them and use them immediately. Pretty cool, no?


Bonetti explains the process of buying a Groupon deal on your phone in a post on the Nokia Conversations blog – when you’re looking for something in Nokia Maps, you’ll be alerted to Groupon deals at nearby places. Each deal listed on your map comes with an “exhaustive description,” and deciding to buy one will take you to the Groupon mobile site where you’ll complete your purchase. Unfortunately, those living outside the US are out of luck for the time being, as Groupon Now! deals are currently only available in the US due to their “geographically limited” nature.

Support for Groupon Now! isn’t the only thing Nokia is touting with this update. Nokia has introduced a new feature called “advanced route setting” in this update, which allows users to plan trips within the Nokia Maps app. Select your starting point and destination, tell the app if you’ll be walking, driving, or taking public transportation, and you’re good to go. Nokia also says that users can save the route to their start screen, so it will be ready for future trips.

At this point in time, Nokia Maps is only compatible with the Nokia Lumia 610, 710, 800, and 900, so if you don’t own one of those models, then this update doesn’t apply to you. Users can get the update by either waiting for the notification from the Windows Phone Marketplace or downloading it from the Nokia Collection. It sounds like an excellent update, so if you’re a regular user of Nokia Maps, be sure to grab it.


Nokia Maps updated with support for Groupon Now! deals is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.