All local businesses now eligible for $5,000 in free processing and a
low price guarantee on credit card transaction fees
CHICAGO--(BUSINESS WIRE)--
Today Groupon (www.groupon.com)
(NASDAQ: GRPN) announced the launch of Breadcrumb POS (breadcrumb.groupon.com),
a free iPad app that enables quick-service eateries, salons, spas and
retail merchants to replace their outdated cash registers with an
easy-to-use solution that offers local
businesses a low-price guarantee that will beat any comparable plan
on credit card transaction fees. Breadcrumb POS expands the number of
merchants currently served by the company's Breadcrumb family of POS
products from restaurants and bars to include all brick-and-mortar
businesses.
Breadcrumb POS, a free iPad app, enables quick-service eateries, salons, spas and retail merchants to replace their outdated cash registers with an easy-to-use solution that offers local businesses a low-price guarantee that will beat any comparable plan on credit card transaction fees
In addition to having a cost-effective hardware package, Breadcrumb POS
comes with Breadcrumb Payments—a service that offers:
-
Rates of only 1.8 percent plus $0.15 per transaction (MasterCard, Visa
and Discover) with no hidden costs or monthly fees
-
Free processing on first $5,000 in credit card transactions
(promotional offer)
Breadcrumb POS is far more advanced than traditional cash registers and
comes with the following benefits:
-
Fast and Easy Set Up — Download the free app, sign up
for a payments account, connect a card swiper and optional printer and
begin using an iPad to process transactions within minutes
-
Powerful Features — Everything local businesses need to
operate more efficiently and deliver outstanding customer service—log
cash transactions, accept credit card payments, print or email
receipts, calculate multiple tax rates, manage menu items, view
transaction history and issue refunds
-
Next-Day Deposits — In addition to low rates on credit card
processing fees, merchants will receive their deposits within 24
hours—much faster than the typical experience of waiting two to three
business days
-
Business Insights — View in-depth, real-time reports on
product mix, daily and monthly sales, past customer purchases and
deposit records
-
Free Live Support — Breadcrumb POS customers receive
24/7 phone technical assistance from a dedicated team of specialists
"With this launch we can help every local business replace their
outdated cash registers with a modern, affordable, money-saving tool
that allows them to save on credit card transaction fees and run their
businesses better," said Mihir Shah, VP Merchant OS. "The successful
adoption of Breadcrumb Pro by restaurants and bars has been very
encouraging, with some of the finest venues in the country using it to
run their businesses. As a result, we decided to launch Breadcrumb POS
and bring the power and simplicity of this product to more merchants."
"What attracted us the most to Breadcrumb POS was how easy it was to
install and use," said Akansha Khosla, Manager, Rick's Ice Cream, Palo
Alto, Calif. "It enables us to speed up transactions during busy periods
and easily calculate reports at the end of the day."
Local businesses interested in learning more about Breadcrumb POS and
other Breadcrumb by Groupon products and services can visit breadcrumb.groupon.com.
Additional Breadcrumb by Groupon solutions include:
-
Breadcrumb Payments - a payments service backed by a low price
guarantee to save local businesses money on credit card transactions
that offers rates of only 1.8 percent plus $0.15 per transaction
(MasterCard, Visa and Discover) with no hidden costs or monthly fees
-
Breadcrumb Pro — caters exclusively to restaurants and bars
that require a more extensive set of features such as check and table
management and time clock functionality
-
Groupon Merchants App for iPhone and Android — enables local
businesses to process credit card transactions, accept and redeem
Groupon vouchers and measure the performance of Groupon deals
The Breadcrumb POS app can be downloaded from the iTunes
App Store.
Low Price Guarantee: Some restrictions apply. See the terms and
conditions at breadcrumb.groupon.com
for details.
About Breadcrumb
Breadcrumb by Groupon is a suite of powerful, cloud-based iPad and
smartphone tools that help businesses operate faster, know their
customers better and maximize revenue. Breadcrumb products include
flexible, affordable iPad point-of-sale products and payments solutions
for all businesses, which include a low price guarantee on credit card
transaction fees, free installation assistance and 24/7 phone technical
support. To learn more about Breadcrumb by Groupon products and to see
them in action, visit breadcrumb.groupon.com.
About Groupon
Groupon
(NASDAQ: GRPN) is a global leader in local commerce, making it easy for
people around the world to search and discover great businesses at
unbeatable prices. Groupon is reinventing the traditional small business
world by providing merchants with a suite of products and services,
including customizable deals, payments
processing capabilities and point-of-sale
solutions to help them attract more customers and run their
operations more effectively. By leveraging the company's global
relationships and scale, Groupon offers consumers incredible deals on
the best stuff to eat, see, do, and buy in 48 countries. With Groupon,
shoppers discover the best a city has to offer with Groupon
Local, enjoy vacations with Groupon
Getaways, and find a curated selection of electronics, fashion, home
furnishings and more with Groupon
Goods. To subscribe to Groupon emails, visit www.Groupon.com.
To learn more about the company's merchant solutions and how to work
with Groupon, visit www.GrouponWorks.com.
Forward-Looking Statements
This announcement contains forward-looking statements that involve risks
and uncertainties, and actual results could differ materially from those
discussed. Factors that could cause or contribute to such differences
include, but are not limited to, the factors included under the headings
''Risk Factors'' and ''Management's Discussion and Analysis of Financial
Condition and Results of Operations'' in the company's Annual Report on
Form 10-K for the year ended December 31, 2011 and subsequently filed
quarterly reports filed with the Securities and Exchange Commission,
copies of which may be obtained by visiting the company's Investor
Relations web site at http://investor.groupon.com
or the SEC's web site at www.sec.gov.
You should not rely upon forward-looking statements as predictions of
future events. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee that
the future results, levels of activity, performance or events and
circumstances reflected in the forward-looking statements will be
achieved or occur. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of the forward-looking
statements. We undertake no obligation to update publicly any
forward-looking statements for any reason after the date of this press
release to conform these statements to actual results or to changes in
our expectations.
Groupon and Breadcrumb are registered trademarks of Groupon, Inc. IPad
is a registered trademark of Apple Inc. Other company and product names
used herein may be trademarks of their respective owners.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130514006128/en/
Groupon
Nick Halliwell, 312.999.3806
nhalliwell@groupon.com
or
Erin
Yeager, 312.999.3434
eyeager@groupon.com
Source: Groupon
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