Tabbedout, a Texas-based start-up, has developed free iPhone and Android apps that enable users to pay tabs at around 400 participating restaurants and bars using their mobiles.
Once the app has been download and after enrolling using ones credit card details, users can locate outlets that accept the app and get GPS directions. Once at a bar, customers open a tab in the app and are given a code to share with the server or bartender.
As soon as the tab is opened, “Tabbedout” securely encrypts the customer name and credit card number and sends it electronically to the restaurant or bar's point-of-sale system. When the customer wants to settle up, they can view the details, enter a tip, split the bill, select the card they want to use and hit “pay tab”.
The new version will now allow customers to enter their PayPal username and password or PIN and mobile number to settle up, rather than using a credit card.
The new PayPal integration version will roll out in early March to select Tabbedout locations in Austin, Texas.
