talech

Founded in 2012 by Irv Henderson and Leo Jiang, talech emerged from the co-founders' shared history at Yahoo to address the operational needs of small and medium-sized businesses. The company provides a cloud-based point-of-sale (POS) system designed to give smaller merchants the same level of business insight as large retailers.

talech operates as a subsidiary of U.S. Bancorp, following its acquisition in September 2019. This strategic acquisition integrated talech into U.S. Bank's digital services, leveraging the bank's extensive experience in payments. The business generates revenue through monthly subscription fees for its software, with several tiered plans available to cater to different business sizes and needs, including a free mobile option.

The company's core offering is a versatile POS software solution that runs on iPads and other compatible Android hardware. It serves a diverse client base, including restaurants, retail stores, cafes, and professional service providers. The platform consolidates various business functions into a single system, featuring tools for order and inventory management, employee reporting, customer relationship management (CRM), and detailed business analytics. For retailers, specific features include barcode label printing, real-time inventory tracking, and commission-free online ordering. Restaurant-focused tools enable table management, ticket firing by course, and splitting checks. The system processes a wide array of payment types, including contactless and mobile payments, and supports hardware like cash drawers, barcode scanners, and receipt printers.

Keywords: point-of-sale, POS software, small business, retail management, restaurant operations, inventory management, payment processing, cloud-based software, business analytics, customer management