Aussie hospitality startup Mr Yum is taking the meaning of a split bill to the next level, partnering with buy-now pay-later behemoth Afterpay to offer deferred payments for food and beverage purchases.
The pilot program will see Afterpay accepted as a payment method in venues using Mr Yum throughout Australia, with plans to expand the service as the startup grows overseas.
It represents the first time Afterpay will be offered in a hospitality setting.Founded in 2018, Mr Yum started out offering QR codes, digitised menus and remote ordering for dining at restaurants.
The onset of the COVID-19 pandemic in Australia in early-2020 led the fledgling startup to pivot, building its pickup and delivery option within a few days.That led to a period of exponential growth, with the dollar value of all transactions going through the app increasing 27-fold between December 2019 and December 2020.
