PaynoPain presents at Expo HIP the technology to revolutionise payments in the hospitality industry

PaynoPain will be present from 19 to 21 February at Expo HIP 2024 to offer innovative payment solutions and boost the Horeca sector.

PaynoPain, a Spanish fintech specialising in online payment methods, will participate in the new edition of the Horeca Professional Expo (HIP 2024). The event will be held from 19 to 21 February, with the aim of boosting the growth of the hospitality industry. PaynoPain will present payment technology solutions aimed at optimising restaurant efficiency at the stand in IFEMA Hall 3, stand 3B244.

Expo HIP 2024 brings together leaders and entrepreneurs determined to lead the new era of hospitality. An environment where innovations, products and solutions will be presented with more than 400 companies, 1000 product categories and interactive areas. In addition, there will be more than 450 international speakers and 25 specific agendas and summits adapted to each professional profile.

Digital payments in restaurants

The digitisation of payments in the hospitality industry is making restaurants more efficient and profitable. In this context, cash payment is becoming obsolete and new alternatives are emerging. In response to the growing demand for digital solutions, new payment systems have emerged that allow diners to pay securely and conveniently via mobile phone. This technological evolution not only enhances the customer experience, but also optimises management time and expands business opportunities. To keep up with these trends and ensure quality service, hospitality companies must embrace these new payment technologies. In this regard, PaynoPain will present three innovative payment methods designed to increase user satisfaction:

Accepting mobile payments, the ultimate for hospitality.

Turning the mobile phone into a POS with Tap to Pay technology is revolutionising the way customers transact in the hospitality industry. By offering a secure and agile alternative to traditional dataphone, this solution minimises operational costs for restaurants and offers greater convenience by eliminating the need to carry a card reader around. It also helps to streamline payments on the premises and increase customer turnover, as all waiters will be able to charge with their phone and are not dependent on a single dataphone.

With Tap to Pay, customers can make payments quickly and easily by simply touching their mobile phone or card to a Tap to Pay-enabled device, streamlining the payment process and enhancing the customer experience. This system uses near field communication (NFC) technology to enable secure data transfer between the customer's device and the payment terminal, ensuring the confidentiality of financial information.

QR code payments

In line with the contactless trend, QR code payments have become a popular option in Spain, especially after the pandemic. Initially adopted as a measure to avoid contact with physical menus in restaurants, this practice has continued to this day. QR code payments offer a secure and streamlined payment experience, allowing diners to scan a unique code generated by your restaurant to complete the transaction quickly and easily.

The restaurant issues its own QR code to the customer, which includes account information such as what the customer has consumed, the type of service and the price to be paid. The diner then scans the code with their smartphone and approves the payment, redirecting it to their card or bank account.

With QR payments, you can offer your customers a modern and secure way to pay, while streamlining the workflow in your shop. In addition, QR codes can contain additional information such as order details, links to digital menus, promotions or loyalty schemes, further enhancing the customer experience.

Pay by link

Pay by link is an innovative option that simplifies the payment process and can help restaurants increase sales. By allowing customers to transact quickly and securely through a personalised payment link, this solution removes the traditional barriers of paying in person and streamlines transactions. With platforms like Paylands, you can easily implement this solution without complex integration or technical expertise. Creating payment links is simple and intuitive.

In addition, payment links are a tool that is fully customised to each customer's brand and style. In this way, merchants can offer their customers a payment experience that matches their style, in a secure and convenient way. In addition, with the Paylands payment gateway, hoteliers will also have at their fingertips tracking and analysis tools that will allow them to better understand their customers' purchasing behaviour and adjust their sales strategy accordingly.

"Increasing consumer demand is driving businesses to look for fast, efficient and secure solutions to maintain and increase sales. Tap to Pay, link payments and QR codes are seen as the alternatives of the future in the hospitality sector, not only to improve the payment experience for customers, but also to optimise restaurant operations," says Jordi Nebot, CEO and co-founder of PaynoPain.

All the alternatives for digitising the payment process in restaurants improve efficiency in the dining room by reducing waiting times and facilitating staff operations. This increases table turnover and the average ticket, providing profitability to the restaurant. All this to help restaurateurs and improve the customer experience.

Don't miss the opportunity to discover these innovative payment solutions at HIP 2024. Visit the PaynoPain stand in IFEMA Hall 3, stand 3B244, from 19 to 21 February.