talech is an American cloud-based software company based in

Palo Alto, California Palo Alto (; Spanish language, Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree kno ...

. The company makes software that is at the centre of

point of sale The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice f ...

systems for restaurants, bars, retail outlets and professional services. The software runs on the

iOS iOS (formerly iPhone OS) is a mobile operating system created and developed by Apple Inc. exclusively for its hardware. It is the operating system that powers many of the company's mobile devices, including the iPhone; the term also includes ...

and Android operating systems and functions on iPads and a variety of Android hardware devices. talech was established in 2012 by Irv Henderson and Leo Jiang who continue to perform the roles of CEO and CTO within the company. In September 2019, talech was acquired by

US Bancorp U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution ...

. The company also maintains offices in

Scottsdale, Arizona , settlement_type = City , named_for = Winfield Scott , image_skyline = , image_seal = Seal of Scottsdale (Arizona).svg , image_blank_emblem = City of Scottsdale Script Logo.svg , nick ...

Dublin, Ireland Dublin (; , or ) is the capital and largest city of Ireland. On a bay at the mouth of the River Liffey, it is in the province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 cen ...

and

Kaunas, Lithuania Kaunas (; ; also see other names) is the second-largest city in Lithuania after Vilnius and an important centre of Lithuanian economic, academic, and cultural life. Kaunas was the largest city and the centre of a county in the Duchy of Traka ...

History

talech was founded in 2012 by Irv Henderson and Leo Jiang who had worked together previously at

Yahoo Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo! Inc. (2017–present), Yahoo Inc., which is 90% owned by investment funds ma ...

. The company grew steadily, focusing initially on the North American market where they acquired customers through referral partnerships with

Chase Chase or CHASE may refer to: Businesses * Chase Bank, a national bank based in New York City, New York * Chase Aircraft (1943–1954), a defunct American aircraft manufacturing company * Chase Coaches, a defunct bus operator in England * Chase Co ...

Bank of America Merchant Services Bank of America Merchant Services was a merchant services company owned by partners Bank of America and Fiserv. It was among the largest payment processing companies in the United States based on card-transaction volume. Bank of America Merchant ...

Elavon Elavon Inc., formerly NOVA, is a processor of credit card transactions and a subsidiary of U.S. Bancorp. Elavon offers merchant processing in more than 30 countries and supports the payment needs of more than 1,000,000 merchant locations across t ...

and USA E-pay. In 2014, the company opened an office in Dublin to serve the European market where they operate referral partnerships with

Bank of Ireland Bank of Ireland Group plc ( ga, Banc na hÉireann) is a commercial bank operation in Ireland and one of the traditional Big Four Irish banks. Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Iris ...

Payment Acceptance, AIB Merchant Services and Elavon Europe. In September 2019, the company was acquired by

Products and hardware

talech provides software that allows businesses to manage multiple operational tasks – such as order management, inventory and staff reporting, customer management, business insights and payments processing – in a single, integrated point-of-sale system. talech serves over 8,000 restaurants and bars, retailers and professional services companies representing $2.3 billion in processing volume. talech operates on the

iPad The iPad is a brand of iOS and iPadOS-based tablet computers that are developed by Apple Inc. The iPad was conceived before the related iPhone but the iPhone was developed and released first. Speculation about the development, operating s ...

family of devices where it works with a variety of hardware options such as cash drawers, barcode scanners, digital weighing scales,

Epson Seiko Epson Corporation, or simply known as Epson, is a Japanese multinational electronics company and one of the world's largest manufacturers of computer printers and information- and imaging-related equipment. Headquartered in Suwa, Nagano, ...

and Star Micronics printers and

Ingenico Ingenico is a merchant services technology company based in France, that facilitates secure electronic transactions. The company expanded as a manufacturer of point of sale (POS) payment terminals to also include complete merchant payment Saa ...

card readers. It also works on Android powered devices such as the Poynt and Ingenico-built, Moby line of point of sale solutions. As a

Saas Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is cons ...

provider, talech's point of sale is available through starter, standard and premium packages with each tier enabling access to a greater number of features and functionality.

References

{{reflist

External links

Official website
Point of sale companies Software companies based in California U.S. Bancorp American companies established in 2012 Companies based in Palo Alto, California