Peazi is a hospitality order and payment platform that utilizes QR code technology to enable customers to browse digital menus and complete transactions without waiting in line. This system reduces order processing time, increases table turnover, and has been shown to boost venue revenue by an average of 11%.
Funding
$653.8K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
In the hospitality industry, traditional order and payment processes often lead to long queues, slow table turnover, and reduced revenue due to inefficient service. Customers face wait times to place orders and pay, diminishing their overall experience.
Solution
Peazi offers a hospitality order and payment platform that leverages QR code technology to streamline the customer experience. By scanning a QR code, customers can access a digital menu, place orders, and complete transactions directly from their table using their smartphones. This eliminates the need to wait in line or rely on traditional waiter service, resulting in faster order processing and increased table turnover for venues. The platform integrates with existing payment systems, supporting card payments, Apple Pay, and Google Pay, while also providing options for tipping and additional charges.
Target Audience
Peazi primarily targets restaurants, bars, cafes, food halls, stadiums, and other hospitality venues looking to improve order efficiency, increase revenue, and enhance the customer experience.
Features
- Branded QR codes that direct customers to a digital menu upon scanning.
- Digital menu browsing with search and filter options.
- Real-time inventory updates that automatically remove out-of-stock items from the menu.
- Integrated payment processing with support for card payments, Apple Pay, and Google Pay.
- Tipping functionality and options for additional charges like charity donations or admin fees.
- Reporting dashboard to track sales and customer insights.
- Free menu migration service.