Olo Accelerates its Mobile Wallet Adoption Utilizing Spreedly

Spreedly, the world’s leading open payments platform, and Olo (NYSE: OLO), announced today, that Spreedly has been selected as the platform of choice to enable mobile wallet transactions for restaurant brands that use Olo.

Enabling over 700 brands, Olo is a leading hospitality SaaS platform that enables its customers to build digital ordering, payment, and engagement experiences with a flexible open ecosystem of over 300 partners. Olo reaches 85 million connected guests across approximately 80,000 locations, who process more than two million orders per day on average.

The adoption of Spreedly enables mutual customers to optimize the guest experience with conveniences such as mobile wallets and third-party checkout options, like PayPal and Venmo. Spreedly's platform empowers Olo to build these rich guest experiences regardless of the complexity of their varied payment processing relationships.

"At Olo, our commitment to accelerating the future of restaurant technology extends to every aspect of our platform, including seamless payment experiences for guests,” said Tor Opedal, SVP & GM of Payments at Olo. “By integrating with Spreedly, mutual customers can benefit from diverse payment methods tailored to their unique needs while enabling my team to focus on building new payment capabilities for our restaurant brands versus time spent on complex  integrations."

"It has been a pleasure to witness the strides Olo is making in revolutionizing the restaurant payments industry. Olo's is reshaping the way hospitality transactions occur; they're enhancing the entire guest experience”, said Justin Benson, CEO of Spreedly. “ Their commitment to seamless integration and restaurant-centric technologies sets a new standard, and we at Spreedly are proud to partner with a leader like Olo."