Rooam is a contactless payment platform that integrates with existing POS systems, allowing guests to pay without additional hardware through mobile web experiences. This solution enhances service speed and increases revenue by enabling faster transactions and higher tips, addressing the inefficiencies of traditional payment methods in the hospitality and entertainment sectors.
Funding
$16.3M 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
Traditional payment methods in the hospitality and entertainment industries can be slow and inefficient, leading to longer wait times for guests and potential revenue loss for businesses. Managing cash and processing credit cards manually can also increase the risk of errors and security breaches.
Solution
Rooam offers a contactless payment platform that integrates directly with existing Point of Sale (POS) systems, enabling guests to pay via mobile web without requiring additional hardware. The platform provides multiple payment options, including opening and closing tabs, paying checks, and touchless ordering, all accessible through a mobile web experience without the need for app downloads. By streamlining the payment process, Rooam helps venues increase service speed, improve the guest experience, and reduce the risk associated with traditional payment methods. The system is PCI DSS compliant, ensuring secure transactions and protecting sensitive payment information.
Target Audience
Rooam primarily targets bars, restaurants, venues, events, and sports establishments looking to enhance the guest experience and streamline payment processes.
Features
- Contactless payment processing via mobile web, eliminating the need for physical cards or cash.
- Direct integration with existing POS systems, avoiding the need for new hardware or complex configurations.
- Support for multiple payment methods, including Rooam Tab (open/close tabs), Rooam Pay (pay checks), and Rooam Order (touchless ordering).
- Compatibility with Apple Pay and Google Pay.
- PCI DSS Level 1 compliance for secure transactions and data protection.
- Increased tip size for bartenders.