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CaixaBank controls 35% of the payments business in the restaurant sector

The Food&Drinks division is five years old, having serviced over 116,000 establishments, 30% more than in the year of its launch.

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CaixaBank controls 35% of the payments business in the restaurant sector

CaixaBank's Food&Drinks division is celebrating its fifth anniversary, having grown to serve over 116,000 establishments, a 30% increase since its launch in 2021. The division, which focuses on the restaurant sector, now processes 35% of the sector's transactions through its point-of-sale terminals, up from 25.5% in 2020. Food&Drinks offers specialized services, including financing, training, and non-financial support, to help businesses adapt to the digitalization and sustainability of the industry.

The division has closed over 100,000 operations worth €2.5 billion between 2021 and 2026 and has a network of over 2,200 specialized managers.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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