At table payment is tricky - have these guys figured it out? The $1.6M Series A would suggest a few folks think so.. Interesting to see NFC and QR codes in there as part of the solution.
So, how does the Flypay iOS and Android app work? Aiming to get the time it takes to ask for and settle a restaurant bill down from an average of ten minutes to closer to a minute, you simply scan an on-table QR code/NFC tag to first recall the bill. Then, using the app, you can check the bill and pay using a credit or debit card, including the option to split the bill with others at your table — either by paying off specific items or splitting the bill equally. For restaurant operators, the advantages are two-fold. First, of course, the process of settling a bill doesn’t tie up a waiter, who can continue serving other customers instead of faffing around with chip ‘n’ pin. In fact, Flypay reckons it currently takes an average three visits by a waiter to enable a customer to settle their bill.