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The news: Payment technology provider Shift4 launched SkyTab POS, a suite of restaurant-focused point-of-sale (POS) solutions, per a press release. SkyTab POS was already in use at major stadiums, but it’s now available to all businesses.

Why it’s worth watching: Declining cash use and higher demand for vertical-specific offerings have led payment providers like Block and Adyen to invest more in restaurant solutions. SkyTab can help Shift4 compete more aggressively with these providers.

Why this could succeed: SkyTab POS’s comprehensive product suite can appeal to restaurants.

Go deeper: Check out our Point-of-Sale report and our Small-Business Payment Disruptors report to learn more about the key payment trends we’re keeping a close eye on.

This article originally appeared in Insider Intelligence's Payments Innovation Briefing—a daily recap of top stories reshaping the payments industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.

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