Restaurant card processing with a point of sale system
Between adding tips and splitting checks, accepting payments in a restaurant atmosphere can be tricky. When you want to increase turnover and decrease negative reviews on Yelp, you need to implement card payment solutions that make sense for your restaurant. Point of sale solutions are frequently used in food establishments because of the versatility and convenience they offer. Let’s explore some of the ways a POS solution could benefit your restaurant.
The Time Saving Benefits of a POS
Your customers have different expectations depending on the type of restaurant they visit, so you have to play to what they want. A seven-course meal will likely have one person paying, with leisurely sips of wine between the entree and cheese plate. In contrast, a fast-paced casual food eatery needs to have a payment system that can account for multiple people paying at the same table, who also may be in a hurry.
A recent study found that 71 percent of people pay with their cards at restaurants, and even patrons of lower priced establishments frequently use plastic instead of cash. A card payment solution like a POS system can be designed with software that makes menu items easy to locate, share, order, and add to the ticket. Using a POS solution can mean the difference between the time it takes for a server to ask another staff member a question when three other tables are waiting for drinks, and a seamless insertion of a card, a quick-printing check, and an open table available for the next guests in line.
Many POS solutions also allow servers to take payments tableside, which speeds everything along and assures anxious customers who are eager to pay and leave. Restaurant POS systems have evolved to accommodate the payment types consumers are using now, as well as those they will use in the future. You may want to be prepared with a card payment solution that will allow you to accept mobile payments like Apple Pay and Samsung Pay.
Integrating the POS with Your Business
Quality card payment solutions don't just take payments, but help with nearly everything else involved in running your business. From scheduling to tracking inventory, POS systems can be built and customized to streamline the tasks you need to do every day. Rather than spending weeks getting set up, many POS solutions have turnkey installations.
Be sure to partner with a credit card processing company, such as Vantiv, that emphasizes training to help avoid unnecessary hiccups in running your business. Employees are more efficient when they have the right tools to do their jobs well. When it comes to payments, it starts with choosing software with all of the features you want. If you have multiple locations, you can set up a POS to run all of your reports using the same processes. This type of functionality can help you spot discrepancies from location to location, and ensure that resources are being used effectively across the board. Many POS solutions also support reward programs that encourage diner loyalty and customer relationship building.
When looking for a restaurant credit card processing solution, be sure to keep in mind the functionality you need to help you run your business better today and in the future. Features like automated transaction reports and the ability to make menu changes on the fly are likely things that will add to the value of your investment. Some companies offer equipment at a lower cost but nickel and dime you for every additional service, so it pays to take your time to find an industry leader who can offer the solutions and guidance you need for the results you want.