Square, Clover, & the New Merchant Sales Strategy

Now for Today in Payments, brought to you by ProScribesZ with Patti Murphy and James Shepherd.

So Toast, the point of sale mana- and, uh, management platform built for restaurants, is expanding into the gas station space.

Oh, really? I actually didn't know about this.

This is interesting.

Yeah, yeah.

Toast Fuel it's called.

It's a new set of capabilities designed for fuel station operators and convenience stores.

Uh, you know, convenience stores operators make an estimated 80% of fuel sales, according to the National Association of Convenience Stores.

And money, many of them run their retail and fuel businesses on disconnected systems.

Many also operate as QSRs.

Um-

Right

...

Toast with a, you know ...

I don't know about you, but I always end up, when I get gas, getting something at the, uh-

Of course

... at the food station.

[laughs] You know?

Right.

So, uh, many, many of these, uh, s- QSRs run their retail and fuel businesses on disconnected systems.

So Toast, with its presence in retail and restaurant environments, thinks it's got the chops to bring pump control onto the same cloud system that's already powering these stores.

Hmm.

That would pull together store, fuel, retail payments, food service, marketing, inventory, and team management-

Hmm

... onto one platform.

Now for Today in Payments, brought to you by ProScribesZ with Patti Murphy and James Shepherd.

So Toast, the point of sale mana- and, uh, management platform built for restaurants, is expanding into the gas station space.

Oh, really? I actually didn't know about this.

This is interesting.

Yeah, yeah.

Toast Fuel it's called.

It's a new set of capabilities designed for fuel station operators and convenience stores.

Uh, you know, convenience stores operators make an estimated 80% of fuel sales, according to the National Association of Convenience Stores.

And money, many of them run their retail and fuel businesses on disconnected systems.

Many also operate as QSRs.

Um-

Right

...

Toast with a, you know ...

I don't know about you, but I always end up, when I get gas, getting something at the, uh-

Of course

... at the food station.

[laughs] You know?

Right.

So, uh, many, many of these, uh, s- QSRs run their retail and fuel businesses on disconnected systems.

So Toast, with its presence in retail and restaurant environments, thinks it's got the chops to bring pump control onto the same cloud system that's already powering these stores.

Hmm.

That would pull together store, fuel, retail payments, food service, marketing, inventory, and team management-

Hmm

... onto one platform.