Restaurant POS "Takeaways from the National Restaurant Association Show" Chiodo

Research evidence excerpt

Restaurant POS "Takeaways from the National Restaurant Association Show" Chiodo

FigureSource:Company1: Toastdata,continuingUBS estimates.toNote:takeMarketmarketshare shareestimatesinabovecorearemid-marketon US SMB GPV.andHistoricallySMB scaledbusinessincumbents includes Micros and NCR.

Clover Reserve powered by Tabit: Fiserv announced the launch of Clover Reserve

powered by Tabit, an enterprise-grade POS and hospitality platform developed through

an exclusive partnership with Tabit, aimed at expanding Clover’s penetration into full-

service and fine dining restaurants (Tabit's average restaurant size is ~$3.4mm). The

solution leverages Tabit’s mobile-first, AI-driven architecture, originally designed to

orchestrate complex hospitality workflows, to enable advanced functionality such as

multi-course pacing, dynamic floor management, and fully integrated tableside service,

allowing staff to manage the entire check lifecycle in real time without disrupting the

guest experience. Notably, Tabit’s platform has demonstrated measurable operational

benefits in existing deployments, including 8-15% increases in spend per customer, 12-

15 minute reductions in table turn times, ~20% lower labor requirements, and up to

80% fewer service errors, underscoring the potential ROI from workflow digitization in

full-service environments. Integrated within the Clover ecosystem, Clover Reserve

further benefits from Fiserv’s scaled distribution and installed base, with Clover

processing ~$325b in annual payment volume across ~910k merchants, providing a

significant distribution channel to accelerate adoption (which includes 1k+ merchant

bank partners and 3k+ ISOs). We believe the Clover Reserve platform will be Clover's

preferred product when selling into FSRs (vs.