Published May 12, 2022
MIAMI GARDENS, FL -- As cars raced around the Miami International Autodrome, MyVenue’s fast & scalable point of sale (POS) solution processed over 230,000 transactions across concessions, portables, restaurants, and bars at the inaugural Formula 1 Crypto.com Miami Grand Prix.
The race was the first of its kind; entirely surrounding the iconic Hard Rock Stadium where MyVenue is the Official POS Technology Provider.
A total of 910 POS terminals with the next-gen MyVenue solution were deployed across an area spanning 20 football fields. Comprehensive offline technology ensured venue staff were able to continue taking credit card sales despite intermittent WI-FI network disruptions at the track.
“Our robust solution is built from the ground up to navigate the challenging conditions that event-driven venues present,” said Tim Stollznow, MyVenue CEO.
“When network connectivity disruptions occurred during the Formula 1 Crypto.com Miami Grand Prix, the MyVenue store-and-forward technology automatically activated to ensure a fast and frictionless purchasing experience for every fan.”
The portability and scalability of MyVenue was also on show. With a quarter-million fans attending the event, organizers needed to quickly pivot operations multiple times; including reassigning trackside terminals, reconfiguring POS menus, and last-minute deployment of tills for independent food contractors.
The cloud-based back office, which includes a real-time reporting dashboard and remote monitoring technology, helped make these operational adjustments quick and easy.
Twelve deeply experienced MyVenue POS specialists provided on-site support throughout the event, including the successful installation of terminals, venue staff training, and supervising the system’s performance.
The speed and efficiency in which MyVenue adapted to the evolving needs and testing conditions at this highly anticipated international sporting event again proved how the next-gen solution is changing the game.
MyVenue develops next-generation POS solutions for event-driven & hospitality venues. The fully integrated technology is designed, built, and supported by an international team with unparalleled experience and deployed across North America & Asia-Pacific. It includes a cloud-based POS software, a patent-pending mobile ordering solution, best-in-class reporting dashboards, and remote monitoring technology. www.myvenue.com
Scott Babolka, Marketing Coordinator