As we wrap up 2024, it's time to reflect on an incredible year of progress and innovation at PayEat. We've worked tirelessly to provide the best quality service possible across the UK. From the launch of new products such as the PayEat Spending Card and App, and an increased roll out of our Card Terminals, this year has been a testament to our unwavering commitment to your success. With that in mind, let us reflect on what PayEat has achieved in the past 12 months!
For so many small businesses, managing expenses can be daunting task, as this can often feel overwhelming, especially in the fast-paced food service industry, where margins are tight and every penny counts. This year, PayEat set out to serve you better, with the launch of the Spending Card.
Tailored for the restaurant and takeaway industry, this card addresses the unique challenges of managing your day-to-day and larger expenses, while offering a range of benefits that are hard to match. By ensuring no upfront costs, no monthly charges, and no transaction fees, we have made sure you can make spending your hard-earned money simpler than ever. But the value doesn't stop there; paired with a purpose-built app, businesses can monitor spending instantly, providing transparency and control over finances.
Since its launch, the Spending Card has proven to be a game-changer for our partners. Whether it’s managing team expenses, or tracking budgets with ease, this new product has already become a trusted ally in daily operations. We’ve been inspired by the feedback and success stories from businesses who’ve adopted the card, and we’re excited to keep innovating. With new features and functionalities already in development for 2025, the Spending Card is set to become an even more indispensable resource for our partners.
While we debuted the Card Terminal in 2023 through our partnership with Mealzo, 2024 has seen this product reach new heights. As cashless payments increasingly become the standard for small businesses, PayEat has been at the forefront of this transformation. This year alone, we’ve seen a 45% increase in adoption among our partners, a testament to the value these devices bring to day-to-day operations.
From faster transactions to enhanced security features, the Card Terminal has helped businesses to deliver simple payment experiences for their customers. With its durable design, sensitive touchscreen, and competitive pricing, the device has become an essential tool for many. Whether it’s speeding up busy takeaway queues or securing each transaction away from fraudulent activity, the Card Terminal continues to set the standard for reliable, modern payment solutions.
2024 isn’t just about looking back, it’s about preparing for an even brighter future. Thanks to you, our incredible clients, trusting us as your payment provider, we've achieved remarkable milestones, and grown in partnership with you.
With that being said, as we look to 2025, we are excited to announce that we are rebranding - a fresh look and exciting direction, but still maintaining the same five star quality service that has created the company to this point. Keep an eye on your inbox, and our socials, for the latest news!