Glance Technologies Reports on the Success of Real-Time Bill
05 Juin 2019 - 2:30PM
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET)
(OTCQB:GLNNF) (FKT:GJT) reported today on the success of its
Real-Time Bill™ feature. Real-Time Bill™ enables users to
view and self-pay their bill in real time directly from the Glance
Pay® App. The app identifies the user’s bill based on Quick
Response (QR) codes or Near-field communication (NFC) tags at their
table and integrates directly with the merchant’s point of sale
system.
Glance has now launched nine locations with
Real-Time Bill™ and the results have been even better than
expected. “We are seeing a significant increase in the number of
transactions processed through the Glance Pay® app at locations
that have introduced Real-Time Bill™. In some cases we have seen
increases of over 300% in the 30 days following the launch of
Real-Time Bill™ as compared to the number of transactions processed
in the 30 days prior using previous versions of our product” says
CEO Desmond Griffin, “Customers appreciate not having to wait for a
bill and the speed and convenience of paying with their phone,
especially when they are in a hurry, or paying separately as part
of a group.”
Carl McCreath, President, Steamworks Group of
Companies had this to say about Real-Time Bill™: “The increase in
labour costs has been a very real problem for the restaurant
industry. Glance has been a true partner to the Steamworks Group of
Companies and has delivered through genuine service and
innovation. As we transitioned from Glance's PayByPhoto
technology to Real Time Bill™, we have seen an even bigger increase
in guest adoption, guest satisfaction and time savings for our
servers. Glance Pay® continues to make a positive impact on
my bottom line”.
Glance’s sales team is currently focused on
converting more of its PayByPhoto locations to Real-Time Bill™ and
signing up more customers for Real-Time Bill™.
More information about Glance Pay® can be found at:
https://glancepay.com/restaurants-and-bars/
About Glance Technologies
Inc.
Glance Technologies is the owner of Glance Pay®,
a smartphone application that enables merchants to provide their
customers with quick secure payments, innovative ordering
capabilities, digital rewards, and better experiences. Glance
offers merchants targeted in-app marketing, geo-targeted digital
coupons, customer feedback, in-merchant messaging, custom rewards
programs, digital receipts, and digital deals.
For more information about Glance, please go to
www.glance.tech.
Desmond Griffin, CEO
Investor questions:
(833)
338-0299
investors@glancepay.com
Neither the Canadian Securities Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking
information or forward-looking statements (collectively
"forward-looking information") within the meaning of applicable
securities laws. Forward-looking information is typically
identified by words such as: “may”, "believe", “thinks”, "expect",
“exploring”, “expand”, “could”, "anticipate", "intend", "estimate",
“plan”, “pursue”, "potentially", “projected”, “should”, “will” and
similar expressions, or are those, which, by their nature, refer to
future events. These forward-looking statements, which involve
risks and uncertainties, relate to, among other things, the
discussion of Glance’s business strategies and its expectations
concerning future operations. Although Glance considers these
forward-looking statements to be reasonable based on information
currently available to it, they may prove to be incorrect, and the
forward-looking statements in this release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward-looking statements. Such risk factors include, among
other things, risks that Glance’s software and applications may
contain security problems, security vulnerabilities, or defects in
design or manufacture, including “bugs” and other problems that
could interfere with the intended operation of its software, risks
related to the volatility of customer demand for Glance’s products,
and the possibility that the expected benefits from new features
will not be realized. The forward-looking information in this press
release is also based on certain estimates, forecasts and
projections, as well as expectations, beliefs and assumptions,
including, among other things, that Glance will be able to achieve
its business and technology development objectives. For additional
information with respect to these and other factors and assumptions
underlying the forward-looking statements in this press release,
see the section entitled “Risk Factors” in the most recent Annual
Information Form and Prospectus of Glance, which may be accessed
through Glance’s profile on SEDAR at www.sedar.com. Glance cautions
investors that any forward-looking information provided by Glance
is not a guarantee of future results or performance, and that
actual results may differ materially from those in forward-looking
statements. Undue reliance should not be placed on such
forward-looking information, as there can be no assurance that the
plans, intentions or expectations upon which they are based will
occur.
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