T.G.I. Fridays, Tabbedout Make iPhone-based Mobile Payments A Reality

By

Tabbedout makes mobile payments from iPhones mainstream
Tabbedout makes mobile payments from iPhones mainstream

This week featured a handful of announcements relating to using your iPhone as a virtual wallet including news of Boston’s smartphone-based commuter rail payment system and CVS integrating its loyalty card system into its iPhone app.

Capping the week is news that restaurant chain T.G.I. Fridays announcement that more than of its franchises in the U.S. will begin offering patrons the ability to settle their restaurant or bar tab using an app. The move comes as part of partnership with startup Tabbedout – a mobile payment company that aims to bring iPhone (and Android phone)  payments into the mainstream with a focus on bars and restaurants.