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Paytronix PXUX 2019 // REGISTER TODAY

 
 

Press Releases

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Paytronix Reports Record 38 Percent Year-Over-Year Growth

Newton, MA—February 28, 2019—Paytronix Systems, Inc., the most impactful guest experience and payment platform, today announced its 38 percent year-over-year growth, measured in committed revenue booked. Traffic on the Paytronix Platform continues to build as new restaurant and convenience store brands are attracted to its high reliability, comprehensive features set, and ability to leverage the latest e-commerce trends.

With more than 490 brands trusting the platform, Paytronix has recorded:

  • 10 billion transactions processed
  • 24,600 restaurant and retail units supported
  • Two billion messages sent per year
  • 70 mobile apps deployed
  • New client sales increased by 38 percent over the previous year

“Restaurant and convenience brands choose Paytronix because they trust it will deliver material revenue growth,” said Andrew Robbins, president, Paytronix Systems, Inc. “Last year we added innovation to the product with more than 250 releases including new ways for brands to get to know all of their customers, K100SM, and one-to-one marketing solutions that are made possible with a proprietary application of AI and machine learning.”

In addition to its overall company growth, Paytronix continues to innovate around customer preferences and market demand, bolstering its one-to-one marketing technology that enables brands to customize outreach and offerings to uniquely fit individual customer profiles. As restaurants and convenient store marketers continue to rely on these strategies, Paytronix technology has the potential to help brands transform the way they engage with their target audience.

The Paytronix Rewards platform integrates with over 30 types of restaurant, convenience store and mobile point of sale (POS) systems, which generate close to a billion API calls per year. These data queries facilitate everything from online orders to takeout and pay-at-table transactions, increasingly facilitating new ways for consumers to engage with brands.

As mobile payments continue to take off, Paytronix goes beyond helping brands build same store sales and customer acquisition, it also sets them up for future success, equipping them with a seamless transaction platform. Brands can easily integrate ApplePay and GooglePay with NFC loyalty, as well as deploy other mobile tap-and-pay solutions to enhance the guest experience, further evolving with market demands.

The newest brands to sign on to the Paytronix Rewards platform in the past year include: Jamba Juice, Friendly’s, Golden Chick, Great Harvest Bread Company, P.F. Chang’s, Family Express, Maverik, and NOCO Energy Corp. To support its growing customer base, Paytronix employs 158 people in its Boston and Denver offices.

 
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Insights to boost your gift card sales
Annual Gift Card Sales Report: 2019

Designed to identify the latest trends in restaurant gift card sales and help restaurant marketing executives compare results to others in the industry, use trends for planning inventory, and gain insight into how channel sales contribute to the growth of gift card sales programs, the Paytronix Gift Card Sales Report analyzed more than 190 restaurant brands and 550 stored value program data.