Choppin’ It Up by Bloomberg Intelligence Olo Aims to Digitize All Restaurant Transactions
Feb 3, 2023
Noah Glass, Founder and CEO of Olo, is on a mission to digitize all restaurant transactions. In this discussion, he reveals how Olo’s innovative online ordering and delivery solutions are transforming the restaurant industry, currently dominated by analog processes. With only 6% of U.S. restaurant transactions digital, he sees immense growth potential—envisioning sales that could skyrocket 100-fold. Glass also highlights the power of integrated guest data and the launch of Olo Pay, which streamlines payments and enhances guest experiences.
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Dispatch Transforms Delivery Efficiency
- Dispatch enables brands to use multiple delivery providers through a single API.
- This increases speed, lowers cost, and improves guest satisfaction with delivery orders.
Open Platform Enables Integration
- Olo's open platform integrates with multiple point-of-sale systems across fragmented restaurant technology.
- This creates a consistent guest experience across all locations and technology stacks within a brand.
Olopay and Borderless Boost Data
- Olopay is a digital-first integrated payment platform embedded within Olo's commerce system.
- Borderless removes passwords, boosting login rates from 30% to 76% and improving data capture and guest experience.
