Cheers for the reminder, have signed up and will listen in at a more sensible time tomorrow.
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I highly doubt they are "clipping the ticket" for online orders. I cannot find any information on the net that communicates Plexure is PCI Compliant, a requirement that they would need to manage a transaction in order to extract a commission.
Plexure will be offloading payments via payment gateway API's, whereby McDonalds is the client with associated store bank a/c details so revenue is deposited into the correct account. There is no ability to extract a commission in this process.
I find your statement above extremely misleading and would love to be proven wrong with some fact based evidence.
Interesting listening to the fire side chat - it was essentially a customer representing McDonald's Japan talking through how the app has worked, how much they like it, and how they quickly adapted it for the covid environment (curbside pickup and ordering etc).
Great to see a happy customer and let's hope lots of representatives of other McDonald's regions and other customers were listening in and taking notes.
I don't know the details of how they clip the payment ticket - they mentioned adding on Apple pay in the future but I'm not sure what the process is at the moment. Regardless, the more functionality they add to the app, the more regions sign on for new features, and the more customers use the apps, the better Plexure will do.
As I've said before, even if there are questions about how profitable the early McDonald's contracts will be, they are essentially paying for Plexure to continue to develop their capabilities and providing a compelling case study to help Plexure negotiate future contracts.
I watched and it was a good hour. It was always going to be positive news, but I’m excited that I think other countries will also utilise Plexure within the Mc Donald’s organisation.
Once again though, where is the sales forecast update...
Seems as though that webinar might've put a lil spark under sp today.
As a side note, driving into Akl city today (first time after few months) noticed on 1 Nelson Street, a very prominent signage of Plexure on top of the building. Not sure if this is recent or been there for few months but sure does stand out.
any leaking news?
high volume accumulation at end of day, perhaps in anticipation of the obvious announcement that might happen next week about the Japanese app being #1.
So starting to think this guidance isn’t coming and the ‘weeks’ away was a bunch of BS.