Groupon Expands Point-of-Sale Suite With New iPad App

Groupon  (NASDAQ: GRPN  ) has launched a new iPad app to replace cash registers, reduce credit card transaction fees, and become more than a deals site for local businesses.

Dubbed "Breadcrumb POS," Groupon touts the software as a point-of-sale, "easy-to-use solution" for restaurants, bars, salons, spas, and retail merchants. Most businesses should be able to set it up within a few minutes. From there, they can log cash transactions, accept credit card payments, print or email receipts, manage menu items, view transaction history, and issue refunds. Added features include daily and monthly sales and product mix reports, 24/7 customer service from Breadcrumb POS, and deposits within 24 hours.

Breadcrumb POS comes with a low-price guarantee to beat out comparable plans on credit card transaction fees. Payments that use it are charged rates of 1.8% plus $0.15 per transaction (MasterCard, Visa, and Discover) with no hidden costs or monthly fees and free processing on the first $5,000 in credit card transactions (promotional offer).

Breadcrumb POS is the third software solution offered by Groupon. Other services include Breadcrumb Pro, which caters exclusively to restaurants and bars that require a more extensive feature set, and the Groupon Merchants App, which lets businesses process credit card transactions, accept and redeem Groupon vouchers, and measure the performance of Groupon deals.

The Breadcrumb POS app is available for download on iTunes now.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2434583, ~/Articles/ArticleHandler.aspx, 7/24/2014 8:05:16 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement