VANCOUVER, April 18, 2017 /CNW/ - Glance Technologies Inc. (OTCQB: GLNNF) (CSE:GET.CN) (CSE:GET.RT) (FKT:GJT) is pleased to announce its upcoming mobile order-ahead capabilities which will allow customers to instantly order for pick-up off the menu of participating restaurants and pay instantly on their mobile device.
Anyone who has ever stopped by their favourite cafe to pick up a morning cappuccino and saw a long line at the counter will understand the relief of being able to simply pre-order and pre-pay for their bill through their own mobile device. This ability to cut the line and pay directly with a mobile phone is catching like wildfire. With the rise of mobile order-ahead apps tailored specifically for chains such as Taco Bell, and Starbucks' order for pick-up mobile app, current evaluations of the mobile order-ahead market are estimated at $38 billion by 2020, and will account for 10.7% of the quick-serve industry sales alone. Already, Starbucks' mobile in-app orders represents 10% of total orders at high-volume stores. Similarly, ordering dinner for takeout at customers' favourite restaurants is often a repetitive affair where customers usually call in to order the same items every time and wait in line to pay when they pick up their food. With Glance Pay's order-ahead capabilities, users can select from previous orders then simply walk in and grab their food without dealing with payment in the restaurant.
"This is another natural evolution of our platform which allows us to continue to leverage our growing network of merchants and consumers," says Desmond Griffin, Glance's Chief Executive Officer, "We're providing restaurants with a complete product for their entire ordering, payment, and loyalty needs that meets the new standard for services at restaurants that consumers have come to expect."
With Glance's singular, frictionless mobile order-ahead app, any restaurant or business can offer their customers more than just an in-store experience by tapping into the popularity of pre-ordering with digital expediency and security in mind. People already have the latest technology, their mobile phone, with them, which allows Glance to provide a fantastic ordering experience at any restaurant without restaurants having to create an entire mobile application of their own. As Glance continues to scale and expand its innovative technology throughout the restaurant industry, users can continue to benefit from great rewards, automatic digital receipt tracking, and exclusive promotions.
About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that allows customers to pay their restaurant bill instantly with their mobile device. Glance Pay aims to revolutionize how smartphone users choose where to dine, settle their restaurant bills, pre-order, order for delivery, access their payment records and interact with their favourite restaurants. Glance Pay intends to become the industry standard as one of the four pillars in restaurant payments, beside credit cards, debit cards and cash. Glance is building a valuable network of merchants and consumers, to which it plans to expand its service offering over time. For more information about Glance, please go to Glance Technology's website.
This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Specifically, the statements referring to estimates of the future size of the mobile order-ahead market and the success of Glance's mobile order-ahead app are forward looking and may not prove to be correct.
Although Glance believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in this press release.
SOURCE Glance Technologies Inc.
For further information: Christina Rao, Vice President, Investor Relations, +1-(604)-723-7480, [email protected]