{"id":808512,"date":"2025-02-04T09:06:46","date_gmt":"2025-02-04T14:06:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\/"},"modified":"2025-02-04T09:06:46","modified_gmt":"2025-02-04T14:06:46","slug":"olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\/","title":{"rendered":"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants<\/b><\/p>\n<p class=\"bwalignc\"><i>Olo Pay expands in-store capabilities to give more brands access to unified transaction data<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.olo.com%2F&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=Olo&amp;index=1&amp;md5=fcc86cae9cb8c268b5400049bf6d7539\">Olo<\/a> (NYSE:OLO), a leading restaurant technology provider, announced a new partnership with <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.freedompay.com%2F&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=FreedomPay&amp;index=2&amp;md5=f92c1094b12d8834219d27fb79cec9fe\">FreedomPay<\/a>, an innovative leader in Next Level Commerce\u2122 technologies, to improve restaurant payment experiences nationwide. The partnership also deepens Olo\u2019s relationship with <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fstripe.com%2F&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=Stripe&amp;index=3&amp;md5=da0dcaa26d835582f3d27a60ddae6c4e\">Stripe<\/a>, a financial infrastructure platform for businesses, which will include in-person transaction processing. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.olo.com%2Fpay&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=Olo+Pay&amp;index=4&amp;md5=5eed5dfad6c9931a651dd30417bbd53d\">Olo Pay<\/a> launched with Stripe as its original partner for digital payments in 2022, and the partnership will now be updated for an omnichannel world providing restaurants with a truly unified solution.<\/p>\n<p>\nThis collaboration will accelerate Olo\u2019s ability to process more card-present transactions by leveraging FreedomPay&#8217;s payment gateway, which is processor-agnostic and already integrated with over 1,000 Point of Sale (POS) and payment systems. Olo Pay can now use Stripe\u2019s payment processing on in-person POS transactions for the majority of its 700+ customers, extending the restaurant-centric benefits customers appreciate about Olo Pay\u2019s digital payments.<\/p>\n<p>\nBy integrating Olo Pay with FreedomPay&#8217;s Commerce Platform, Olo will be able to offer enterprise brands choice in how they integrate in-store payment processing with Olo: either directly through one of Olo Pay Card-Present partnerships announced in 2024 or through FreedomPay. Like the POS partnerships, integrating FreedomPay and Stripe will enable brands to integrate Olo Pay\u2019s Card-Present solution with Olo Engage, the company\u2019s guest engagement suite. Aggregating both digital and in-store transactions into a single guest data profile will create opportunities for more personalized guest experiences and data-driven decision-making.<\/p>\n<p>\n&#8220;Currently, about 18% of restaurant transactions are digital,\u201d said Noah Glass, Founder &amp; CEO of Olo. \u201cBy processing the remaining 82% of on-premise transactions, we&#8217;re uniquely positioned to provide restaurants with a 360-degree view of their guests by combining the newly captured in-store data with the digital order data they already have from our online ordering. This visibility will allow restaurants to better personalize interactions, making every guest feel like a regular and driving superior hospitality.\u201d<\/p>\n<p>\nIn addition, this integration provides current Olo Pay Card-Not-Present customers additional benefits:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nConsolidates payment processing with a single provider<\/p>\n<\/li>\n<li>\nEliminates reconciliation, reporting, and refund challenges due to multiple processors<\/p>\n<\/li>\n<li>\nImproves omnichannel tracking of guest purchasing history<\/p>\n<\/li>\n<li>\nEnhances loyalty program and cross-channel promotion effectiveness<\/p>\n<\/li>\n<\/ul>\n<p>\n&#8220;By combining FreedomPay&#8217;s Next Level Commerce\u2122 platform with Olo&#8217;s innovative payment solution purpose-built for restaurants, we&#8217;re creating a unified, secure, and seamless checkout experience that will drive digital transformation,&#8221; said Chris Kronenthal, President of FreedomPay. \u201cOur work with Olo Pay will help unify the digital and in-store payment experience, improving reporting and providing restaurants with clearer insights for better decision-making.\u201d<\/p>\n<p>\nThis partnership represents a step forward in Olo&#8217;s strategy to streamline commerce across all ordering channels, offering restaurants more flexibility, efficiency, and guest engagement capabilities to drive the industry toward a more personalized future.<b \/>To learn more about Olo Pay, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.olo.com%2Fpay&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.olo.com%2Fpay&amp;index=5&amp;md5=538d75293497eb0e13bdf478063ec4c2\">https:\/\/www.olo.com\/pay<\/a>.<\/p>\n<p><b>About Olo<\/b><\/p>\n<p>\nOlo (NYSE: OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline operations, and improve the guest experience. Each day, Olo processes millions of orders on its open SaaS platform, gathering the right data from each touchpoint into a single source\u2014so restaurants can better understand and better serve every guest on every channel, every time. Over 700 restaurant brands trust Olo and its network of more than 400 integration partners to innovate on behalf of the restaurant community, accelerating technology\u2019s positive impact and creating a world where every restaurant guest feels like a regular. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.olo.com%2F&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=olo.com&amp;index=6&amp;md5=b29277503cee43952ad0ca9011d8a5e1\">olo.com<\/a>.<\/p>\n<p><b>About<\/b><b>FreedomPay<\/b><\/p>\n<p>\nFreedomPay\u2019s Next Level Commerce\u2122 platform transforms existing payment systems and processes from legacy to leading edge and enables merchants to unleash the power of pay. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay\u2019s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce.<\/p>\n<p>\nThe company maintains a world-class security environment and was one of the first payment solution providers in North America to be validated by the PCI Security Standards Council. FreedomPay\u2019s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.freedompay.com%2F&amp;esheet=54199010&amp;newsitemid=20250204262840&amp;lan=en-US&amp;anchor=www.freedompay.com&amp;index=7&amp;md5=ab97f3e0cb03aa42353cdecd25378dab\">www.freedompay.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250204262840r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250204262840\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250204262840\/en\/<\/a><\/span><\/p>\n<p>\nMedia:<br \/>\n<br \/>Sam Devito<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Olo@icrinc.com\">Olo@icrinc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Payments Retail Technology Restaurant\/Bar Software Electronic Commerce<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants Olo Pay expands in-store capabilities to give more brands access to unified transaction data NEW YORK&#8211;(BUSINESS WIRE)&#8211;Olo (NYSE:OLO), a leading restaurant technology provider, announced a new partnership with FreedomPay, an innovative leader in Next Level Commerce\u2122 technologies, to improve restaurant payment experiences nationwide. The partnership also deepens Olo\u2019s relationship with Stripe, a financial infrastructure platform for businesses, which will include in-person transaction processing. Olo Pay launched with Stripe as its original partner for digital payments in 2022, and the partnership will now be updated for an omnichannel world providing restaurants with a truly unified solution. This collaboration will accelerate Olo\u2019s ability &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808512","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants Olo Pay expands in-store capabilities to give more brands access to unified transaction data NEW YORK&#8211;(BUSINESS WIRE)&#8211;Olo (NYSE:OLO), a leading restaurant technology provider, announced a new partnership with FreedomPay, an innovative leader in Next Level Commerce\u2122 technologies, to improve restaurant payment experiences nationwide. The partnership also deepens Olo\u2019s relationship with Stripe, a financial infrastructure platform for businesses, which will include in-person transaction processing. Olo Pay launched with Stripe as its original partner for digital payments in 2022, and the partnership will now be updated for an omnichannel world providing restaurants with a truly unified solution. This collaboration will accelerate Olo\u2019s ability &hellip; Continue reading &quot;Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-04T14:06:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250204262840r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants\",\"datePublished\":\"2025-02-04T14:06:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\\\/\"},\"wordCount\":822,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250204262840r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\\\/\",\"name\":\"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/olo-announces-partnership-with-freedompay-and-deeper-collaboration-with-stripe-to-accelerate-adoption-of-in-store-payments-for-enterprise-restaurants\/","og_locale":"en_US","og_type":"article","og_title":"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants - Market Newsdesk","og_description":"Olo Announces Partnership with FreedomPay and Deeper Collaboration with Stripe to Accelerate Adoption of In-store Payments for Enterprise Restaurants Olo Pay expands in-store capabilities to give more brands access to unified transaction data NEW YORK&#8211;(BUSINESS WIRE)&#8211;Olo (NYSE:OLO), a leading restaurant technology provider, announced a new partnership with FreedomPay, an innovative leader in Next Level Commerce\u2122 technologies, to improve restaurant payment experiences nationwide. The partnership also deepens Olo\u2019s relationship with Stripe, a financial infrastructure platform for businesses, which will include in-person transaction processing. Olo Pay launched with Stripe as its original partner for digital payments in 2022, and the partnership will now be updated for an omnichannel world providing restaurants with a truly unified solution. 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