MyCheck partner with DataCash to launch customer self check-out mobile payment app for pubs, bars and restaurants.
LONDON, UK, 14th January 2013 - Payments services provider, DataCash, a MasterCard company, has today announced that it is processing payments for MyCheck. The MyCheck app is due to be launched in London on 15th January, 2013, providing an alternative way to pay without the need for credit cards and cash in restaurants, bars and pubs.
Initially launched in Tel Aviv, where it has been adopted by over 80% of the city’s leading bars, pubs, restaurants, MyCheck is a unique mobile app that removes the need for an embedded chip in smartphones to make payments.
The service allows customers to download the MyCheck app for participating venues they visit. A pre-authorisation validates the customer’s payment details and in return a 4 digit payment authorisation code is then entered by the waiter or barman into their electronic point-of-sale system, which opens a tab for the customer.
The customer retains full control of their purchase adding items to the tab as they please and closing the tab via self check-out. The transaction is completed using the generated pre-authorisation code where funds are transferred and settled.
MyCheck chose to partner with DataCash for its robust and reliable payment gateway and to leverage its experience in delivering bespoke payment solutions. Customers using the MyCheck app will benefit from a highly convenient, efficient and secure payment experience.
The service also allows participating partners to not only benefit from a faster table turnover, but also better understand their customers and improved quality of service, through integration with existing loyalty programs to increase efficiencies and help grow membership. Clients can request the bill and receipt is sent via email, hence providing an eco-friendly service, reducing till roll use and time.
“We are excited to be working with MyCheck to help it provide another valuable service to the hospitality industry,” said Ajay Bhalla, President at DataCash. “By using DataCash’s solutions, MyCheck can ensure that when the customer comes to pay the process is completed quickly, efficiently and securely which in turn will provide more efficient services for all parties involved”. Off the back of the success in Israel, and pilot in New York City, we’re eagerly awaiting the product’s launch in London’s bars and restaurants.”
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Founded in 1996, DataCash Group Ltd (part of MasterCard Incorporated) provides multi-channel global payment processing services and advanced fraud prevention and risk management solutions to merchants and banks.
As a global partner to some of the world’s most recognisable brands in the gaming, travel, retail and finance sectors, DataCash combines smart thinking and an end-to-end solution to help its customers transcend the complexities and expense associated with payment processing.
Advanced technology from DataCash enables customers to accept and process payments in over 177 currencies, from over 45 brands across e-commerce, m-commerce channels and cardholder present channels – with the security and confidence of tools tailored to meet exacting and expanding business needs. DataCash customers protect their brand and reputation, enhance end-user experience and capitalise on new global market opportunities.
Founded in March 2011, MyCheck Ltd has developed a free, working mobile phone application that allows people to check themselves out of a restaurant, pub or bar without having to wait for the bill. The application is completely integrated with restaurant / bar point-of-sale systems.
Users store their credit card details or PayPal account details with MyCheck for which bills are charged to. The app has been successfully rolled out in Tel Aviv, Israel with thousands of users, across hundreds of locations including petrol stations, parking lots and café chains.
Following its success in Israel, MyCheck will be launching local versions of its app to London as well as New York City.