U.S. diners are finally getting a taste of their international peers’ more seamless experience, thanks to next-generation providers like Fiserv’s (FISV) Clover, Block’s (SQ) Square, and, in particular, Toast (TOST). Sleek terminals for taking orders and payments are the most visible features to diners, but Toast also has a suite of software that aims to act as an operating system for restaurants, Nicholas Jasinski writes in this week’s edition of Barron’s. It replaces analog or more labor-intensive processes throughout the kitchen and dining room, saving time and effort for staff and customers alike. Toast is powering the digital transformation of a staid industry with low profit margins and demanding customers, the author adds. Toast is a win-win for restaurants and their customers. While it hasn’t been for its public investors so far, its future looks more appetizing, Jasinski says Reference Link
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