talech

talech Point of Sale
Company typeSubsidiary
IndustryPoint of Sale
Founded2012; 12 years ago (2012)[1]
HeadquartersPalo Alto, California[1]
Key people
Irv Henderson, CEO & co-founder Leo Jiang, CTO & co-founder [1]
Number of employees
c. 100 (Jan. 2020)
ParentUS Bancorp[2]
Websitewww.talech.com

talech is an American cloud-based software company based in Palo Alto, California.[1] The company makes software that is at the centre of point of sale systems for restaurants, bars, retail outlets and professional services. The software runs on the iOS and Android operating systems and functions on iPads and a variety of Android hardware devices.

talech was established in 2012 by Irv Henderson and Leo Jiang who continue to perform the roles of CEO and CTO within the company.[1] In September 2019, talech was acquired by US Bancorp.[2] The company also maintains offices in Scottsdale, Arizona, Dublin, Ireland and Kaunas, Lithuania.[1]

History

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talech was founded in 2012 by Irv Henderson and Leo Jiang who had worked together previously at Yahoo.[1] The company grew steadily, focusing initially on the North American market where they acquired customers through referral partnerships with Chase, Bank of America Merchant Services, Elavon and USA E-pay. In 2014, the company opened an office in Dublin to serve the European market where they operate referral partnerships with Bank of Ireland Payment Acceptance, AIB Merchant Services and Elavon Europe. 

In September 2019, the company was acquired by US Bancorp.[2]

Products and hardware

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talech provides software that allows businesses to manage multiple operational tasks – such as order management, inventory and staff reporting, customer management, business insights and payments processing – in a single, integrated point-of-sale system.[3] talech serves over 8,000 restaurants and bars, retailers and professional services companies representing $2.3 billion in processing volume.

talech operates on the iPad family of devices where it works with a variety of hardware options such as cash drawers, barcode scanners, digital weighing scales, Epson and Star Micronics printers and Ingenico card readers. It also works on Android powered devices such as the Poynt and Ingenico-built, Moby line of point of sale solutions.

As a Saas provider, talech's point of sale is available through starter, standard and premium packages with each tier enabling access to a greater number of features and functionality.

References

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  1. ^ a b c d e f g "talech POS | About us". Talech.com. Retrieved 2020-02-02.
  2. ^ a b c "U.S. Bank Acquires talech, Gains Digital Capabilities as It Transforms Its Business for the Future". Business Wire. 2019-09-09. Retrieved 2020-02-02.
  3. ^ "talech POS | Online POS Software for Restaurant and Cafe". Talech.com. Retrieved 2020-02-02.
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