The funding is designed to ensure that Paytronix is on sound financial footing and will continue to provide its restaurant, convenience store, grocery, and retail clients with the communications tools necessary during this unprecedented COVID-19 pandemic.
The restaurant market has been hit particularly hard by this crisis, with nearly two thirds of restaurant workers laid off and sales dropping as much as 90% in some states. A Paytronix examination of its customer data shows a levelling off within the industry and even a recent upward trend, with the hospitality market finding a baseline from which to grow.
To meet the current QSR needs, Paytronix has recently rolled out several technology updates and innovations:
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