November 17, 2020
TABLE OF CONTENTS
If you have ever been to a bar on a busy night, you know what it’s like to have to wait in line or push through a throng of people to be able to rest your elbow on the bartop and request a drink. You repeat this process every time you order drinks or open a tab, and have to remember to close your tab every single time. Barpay wanted to change all of that by allowing people to order drinks right from their smartphones. This would create a better patron experience, allow servers to serve more customers, reduce time spent collecting payment, and reduce credit card processing fees.
Being a startup is hard. Barpay needed to get their Minimum Viable Product (MVP) to market so that they could begin generating revenue. They had an intended user experience but needed payments and development expertise to bring it to reality.
We wanted to live in a world with a better bar experience, so we got to work helping Barpay launch their business by focusing on payments processing and software development.
Ultimately, we were able to help Barpay bring their product to life and get their business off of the ground. Barpay was able to improve the bar and nightlife experience using technology to allow people to spend less time waiting and more time enjoying a night out. With this modern point of sale, they were able to expand their business into multiple hospitality markets, including hotels, coffee shops, and other retailers.
You’re going to use technology to change the world. We’re going to help you create it. Whether you are reinventing your company, creating an industry-changing product, or making existing products even better with new technologies—we exist to make your endeavor a success story. Our team is made up of leaders, thinkers, designers, and builders whose collective experience spans many industries and companies of all sizes. We’re avid fans of technology but even bigger fans of solving business problems. An understanding of the difference between an idea and a solution is just one of the things that set us apart.
Hear from Levvel and Bank of the West experts on how financial institutions can be successful in the new world of digital banking and ‘Banking as a Service’ (BaaS).
While adoption of The Clearing House’s Real-Time Payments (RTP) is picking up among financial institutions, its spread among businesses is still early.
Levvel’s 2021 Business Payments Insight Report explores the current state of payments management and how to make organizations’ payments structure less laborious and more efficient.
In our recent survey of businesses of all sizes, 49% of respondents said they were uninformed about RTP. This gap can be filled by financial institutions, business process automation software, and even businesses themselves.