PAR Technology

PAR Technology builds unified technology platforms for the restaurant and retail industries, combining point-of-sale systems, omnichannel ordering, loyalty programmes, back-office operations and payment processing in a single cloud platform. The company's software is paired with hardware engineering capabilities that trace back to its original hardware business. Its product portfolio includes a comprehensive restaurant technology platform and Punchh, a loyalty and customer engagement platform added through acquisition. PAR serves more than 100,000 restaurants across over 110 countries.

Technical work at PAR spans pattern recognition technology, cloud software, point-of-sale systems, omnichannel ordering, loyalty programmes, back-office operations, payment processing and hardware engineering. The company operates in the restaurant, retail, hospitality and food-service verticals, and its stated aim for customers is to streamline operations, enhance customer experiences and drive growth.

Founded in 1968 by five people with backgrounds in mathematics and engineering, PAR has operated for more than five decades. The company describes its founding purpose as solving complex technical challenges and cites a continued focus on innovation. Since 2021 the business has been led by chief executive Savneet Singh, a period the company characterises as a turnaround. PAR's presence is global, spanning more than 110 countries.