Pay at Table allows PayPal customers to check into a restaurant on their mobile, enter their table number and then pay their bill – it even gives customers the option to enter a tip, without having to flag down a waiter.
The announcement comes as new Europay, MasterCard and Visa (EMV) standards are set to be introduced in August this year.
Under the new industry wide move to expand PIN at the point of sale (POS), Australian customers will no longer be able to sign for transactions or hand over their credit card and sign the payment slip.
“Not only are customers going to have to adapt to the new standards but restaurants and cafes will need to look for solutions at the checkout that are going to simplify what is destined to be a complicated payment process for both merchants and customers,” Andrew Rechtman, senior director of SMB, retail and strategy at PayPal Australia, said.
“The Pay at Table feature delivers a tailored solution that gives restaurants and cafes direct access to over 5.5 million account holders using the PayPal digital wallet online, on the go and instore,” Rechtman said.