Maitre’D, the restaurant technology brand owned by PayFacto, has introduced a cloud-based point-of-sale (POS) platform for restaurants called Maitre’D Virtuo.
The new technology is said to have been designed to combine restaurant management tools, integrated payment processing and embedded financial services within a single system.
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PayFacto executive vice-president Denis Robert said: “Restaurant technology is evolving beyond point-of-sale.
“Maitre’D Virtuo is designed to become the operating platform for modern restaurant businesses – connecting operations, payments and financial services in one seamless environment.”
According to Maitre’D, the platform is structured to handle complex restaurant environments, with capabilities for advanced order handling, integrated payments, real-time reporting and service workflows.
The system is built on an open architecture, enabling connections to external applications.
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By GlobalDataIt can also support multi-site operators who need central visibility over both operations and finances.
Maitre’D said the platform is designed to create a “seamless workflow” from order entry to payment, giving restaurant operators tools to manage service, track performance indicators, and make quicker operational decisions.
Maitre’D Virtuo is also linked with Maitre’D Capital, offering direct access to financial products intended to bolster cash flow and support routine expenses.
Through Maitre’D Cash Advance, restaurants can obtain upfront access to a share of their projected card transactions, providing working capital for payroll, stock purchasing or expansion initiatives.
Operators can also access their available funds via the Maitre’D Mastercard, which gives direct access to payment deposits, including on weekends and public holidays.
PayFacto embedded finance vice-president Frances Wynne said: “Access to cash flow is critical in the restaurant industry.
“By integrating capital access directly into the POS environment, Maitre’D allows operators to manage both their operations and financial liquidity from a single platform.”
