Restaurant merchant services options have a wide degree of solutions for your business. What you pick can effect your transaction charges with your merchant services processor. In addition, what you pick can have a significant effect, on your revenue, and the ease of managing your accounts receivable and accounting.
For example, if you are a fast-food restaurant you will need to have a very fast payment processing system. For example, fast food provider’s such as Wendy’s have done tests and have figured out that every additional second of waiting at the drive through window can cost a franchise repeat customers and with long enough of a wait, a set of franchises, have lost millions of dollars in revenue by serving a customers on average, just 10 seconds beyond the delivery target. That 10 second delay – could be caused by slow payment processing equipment.
Restaurants can have similar experiences by slowing down server responsiveness by having slow order taking and payment processing systems. As a restaurant, you need to have a best merchant services solution for your business.
So what are the best payment processing options for your food service business?
- PCCharge – a computer-based point of sale system that can synchronize many retail locations or registers within a location. This system is considered pretty easy to integrate and is very good for more advanced restaurant merchant service operations.
- Verfione VX510 – a quick processing hardware solution that allows processing in just a few seconds.
- Verifone VX570 – a user-friendly restaurant merchant terminal that has a built in thermal printer. It is the same as the VX510 but it offers some more advanced features.
- Nurit 8020 – a compact and versatile payment terminal with a fast thermal printer and a built in pin pad for debit card transactions. This terminal is great for family restaurants.
- Hypercom T7P – an older terminal that boasts fast processing and receipt printing times. This terminal is great for family restaurants.
- First Data FD100 – a popular touch screen credit card restaurant merchant terminal. This terminal is better for users who are not as computer savvy.
