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May 19, 2016 11:22 AM ET

Archived: Kvits – Technology that Improves Dining: A payment platform that allows users to pay and split their bills on your phone at restaurants, cafes, bars without a wait for a server

iCrowdNewswire - May 19, 2016


Kvits – Technology that Improves Dining

by Denis Timchuk

A payment platform that allows users to pay and split their bills on your phone at restaurants, cafes, bars without a wait for a server

About this project

What is your time worth to you and to your family?

As we all know – it is priceless! Time it is something you will never ever get back again. So please allow us to show and share with you how we can extend some of your memorable moments. With Kvits you will add more valuable time to your life journey. Yet, your dining experience will never be the same and we guarantee it!

What is Kvits?

Kvits is a payment platform and an app where patrons can pay their bills at restaurants, bars, cafes and more, all without waiting for a server. With Kvits you can split your bill among other guests, add a tip and even rate the service you received. Well, restaurants are a great way to spend time with friends and family, but if you dine out often, then you know how long it can take to pay for a meal. Even if your server is a pro, they still need to ask if you finished and would like a check, bring it to you, and then process the card and/or give back change. Fortunately, we have created a way to avoid these 3 steps with Kvits, an app that allows you to pay your bill whenever you and your party are ready to leave – it’s dining on your own terms!

How Does it Work?

Simple! As for the end user, all you have to do is download an app and with a push of a button you can be out to your next destination avoiding the frustration of 3 Waits. On the other end, besides the app there is also a software which consists of various numbers, letters, characters and all kinds of algorithms that is in the process of being developed for Point of Sale (POS) systems. But we don’t want you to worry about it, so we will not bore you with this information. Basically, the Kvits app syncs with the restaurant’s POS system and processes transactions in real time. All you have to do is just input or scan your table’s unique identification number and pay your check via Kvits app simply by using one of your major credit cards or alternative payment services such as Paypal, Apple Pay, and traditional gift cards. And guess what? You just saved and added more valuable time for your precious moments and avoided the unnecessary frustration. How? Because now you are in charge!

The Impact

As a customer with Kvits:
  • Now you are in charge of your own time avoiding the 3 Waits!
  • No waiting to call for a server to ask for a check!
  • No waiting for a server to bring a check!
  • No waiting for a server to bring a change or a credit card back!
  • Split the check between other guests or pay all by yourself. Choice is all yours.
  • You can add a tip with a tap of the screen.
  • You will be out to your next destination faster avoiding unnecessary frustration.
  • Significantly reduces the waiting time to get seated.
  • You will never be publicly embarrassed by a declined card again.
  • You can rate the services and leave instantaneous feedback for the owner’s or management’s personal review.

Restaurants benefit with:

  • Tables turn faster, which increases sales up to 55%
  • Streamlined service – servers no longer have to double back from table to table with checks, freeing up time to perform other tasks.
  • Lower wait times – tables will pay faster and leave more quickly, reducing the wait times for others.
  • Higher customer satisfaction – diners will be impressed with your state-of-the-art system, and will remember your establishment over traditional restaurants with longer wait times.
  • Internal data compiling – Kvits generates automatic reports and statistics to track promotions and other crucial information, helping you stay connected with your restaurant’s needs in real time.

Other Ways to Help

It’s great when people can help pledge, but if you can’t pledge at this time, it doesn’t mean that you can’t help. Please share our story via social media, email and word-of-mouth to tell your friends about this amazing campaign that will help them to save one of the most precious things in life, which is TIME and fill it with more valuable moments. Be sure to keep an eye out for the Kvits webpage www.kvits.com , where you can sign up to our newsletter and for the chance to win a $1000 gift card! Thank you in advance!

Risks and challenges

We are looking to raise as much as possible to cover additional development costs. Our goal is to become the most secure leading mobile payment solution in restaurants, cafes, bars on the global scale. Currently, we are negotiating the system integration into leading chains of restaurants’ brands. Since the the platform can boost the sales up to 55% to dining establishments, therefore we have positive reaction from our future partners.

Contact Information:

Denis Timchuk

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