This licence, which provides in-person and digital payment solutions, also enables the company to bring its payment technology to Ireland. Following this announcement, Dojo will support Irish businesses to capitalise on the fast-growing Experience Economy.
The fintech company already serves over 150,000 UK businesses, from small, often family-run businesses to some of the biggest high street names in the EU. In addition, in the UK market, Dojo has achieved a 48% year-on-year growth in its customer base and intends to continue to support business growth in the UK and across Ireland.
Moreover, in 2022 Dojo processed over 1.6 billion card transactions in the UK, demonstrating the impact its cloud-native payments infrastructure is having on its customer base.
In October, Dojo launched ‘Dojo Pocket’, a new card machine the same size as a modern smartphone and ergonomically fits into a server’s pocket, designed to help the restaurant business grow through technology benefits. Dojo Pocket enables servers to process orders and payments from guest tables and offers customers the option to pay there and then.
A popular narrative suggests that 78% of today's millennials choose to spend money on a desirable experience over something material, a trend that has effects on the global economy and traditional business models. The forecast for the future stakes that the most successful companies in ten years will be the ones that create human experiences due to the reinvention of retail spaces. Moreover, new models of engagement involve understanding experiences as the most important form of marketing.
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