By Bernd Debusmann Jr
Restaurants will now be able to receive money mage from deliveries within a week to improve cash flow
Food delivery platform Deliveroo has announced a new weekly payment service to boost cash for its restaurant partners in the UAE.
In a statement, Deliveroo said that restaurants will now be able to receive money made from deliveries within a week to improve cash flow to thousands of restaurants across the UAE. The money can then be used to help cover costs such as staff wages or electricity bills.
The new service is available to all Deliveroo partner restaurants. The company will also cover increased banking charges for the rapid payments.
According to Deliveroo, the service will be able for a three-month period.
Additionally, Deliveroo has taken a number of other steps designed to help restaurants during the pandemic, including the creation of online marketing tools to notify customers that they are available for delivery services, as well as the establishment of teams to support restaurants who want to deliver.
The company has also developed a contact-free delivery feature in the app and published best practice guidelines for converting existing restaurants into delivery-only operations.
“This new rapid payment system will immediately improve the cash flow of thousands of restaurants and help them better manage their finances during these challenging times,” said Anis Harb, the general manager of Deliveroo GCC.