Reserve acquires New York-based mobile payment app
Dash is Reserve's fifth acquisition overall, and its third acquisition of a New York-based hospitality technology company.
Reserve, a digital concierge service, announced last week that it has acquired New York-based mobile payment app Dash for an undisclosed amount.
Dash integrates with a restaurant's point-of-sale system to enable users to split or pay the bill and get an itemized receipt at more than 250 bars and restaurants across the country, according to a Reserve blog post. Dash also helps users plan a night out with a feature that gives them a real-time view of an establishment's customer flow.
Reserve's acquisition of Dash creates benefits for restaurants as well.
"For our restaurant partners, we're excited for the ability to integrate with point-of-sale systems like Micros, Aloha and others to unlock opportunities for better hospitality," Reserve wrote in a blog post. "For example, knowing whether a guest ordered steak or the vegan special the last time they visited could help a server make a better recommendation."
Dash is Reserve's fifth acquisition overall, and its third acquisition of a New York-based hospitality technology company.