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Olo’s deal with FreedomPay will update Olo’s Stripe partnership for omnichannel

Olo (OLO) announced a new partnership with FreedomPay, an innovative leader in Next Level Commerce technologies, to improve restaurant payment experiences nationwide. The partnership also deepens Olo’s relationship with Stripe, a financial infrastructure platform for businesses, which will include in-person transaction processing. Olo Pay launched with Stripe as its original partner for digital payments in 2022, and the partnership will now be updated for an omnichannel world providing restaurants with a truly unified solution. “Currently, about 18% of restaurant transactions are digital,” said Noah Glass, Founder & CEO of Olo. “By processing the remaining 82% of on-premise transactions, we’re uniquely positioned to provide restaurants with a 360-degree view of their guests by combining the newly captured in-store data with the digital order data they already have from our online ordering. This visibility will allow restaurants to better personalize interactions, making every guest feel like a regular and driving superior hospitality.”

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