Global payments platform Adyen has announced a partnership with Singapore-based restaurant operating system Atlas to enhance the efficiency of food and beverage (F&B) businesses across the city-state. By integrating Adyen’s payment technology into Atlas’s AtlasPay solution, the collaboration promises to reduce manual errors, speed up checkouts, and simplify terminal management for F&B merchants.
Atlas, which supports popular brands like SaladStop, PPP Coffee, and Haidilao, will leverage Adyen’s technology to offer streamlined backend operations. This integration has already resulted in an 80% reduction in human errors, a 12% increase in direct sales, and a 10% saving in manpower for Atlas’s clients. Ben Wong, General Manager for Southeast Asia and Hong Kong at Adyen, highlighted the need for flexible solutions, stating, “Our partnership with Atlas helps simplify this, so restaurateurs can focus on growing their business and connecting with customers.”
The partnership comes at a crucial time for Singapore’s F&B sector, which is facing significant challenges. According to the Accounting and Corporate Regulatory Authority, 3,047 F&B businesses closed in 2024, marking the highest number of closures since 2005. The sector’s struggles are compounded by operational pressures, with a YouGov survey revealing that small and medium-sized businesses spend an average of six hours weekly on accounting tasks.
Atlas and Adyen’s collaboration aims to address these challenges by providing F&B operators with a reliable, scalable platform. This will allow businesses to focus more on customer service and innovation, ultimately enhancing the dining experience. As Yi Sung Yong, Co-Founder and CEO of Atlas, noted, the partnership is designed to support merchants’ core needs, enabling them to concentrate on running their businesses effectively.
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