iChef’s restaurant point of sales solution impresses at Echelon Tokyo

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We had the pleasure of attending e27’s Echelon Tokyo Satellite event today, where Taiwan-based startup ICHEF won the judges prize at the events pitch competition.

They explained that conventional point-of-sales solutions are slow and heavy, and they result in bottlenecks during peak restaurant hours. But in contrast, their app is much quicker and versatile, using one iPad or multiple synchronized iPads.

Currently they have 100 restaurants using their solution in Taiwan and Hong Kong, and they are planning to expand to Japan as well.

They will charge a monthly fee to restaurants for use, which is their main monetization model, but the data that they can collect about purchases and orders is something that they could potentially use as well, in an anonymized or aggregate form.