RESTAURANT POS SYSTEM DUBAI PAYMENT PROCESSING
It is highly important to get an efficient restaurant POS system Dubai that provides you with precise insights into the cash flow of your business. Settle diners bills easily and give your staff a frustration-free experience, thus enabling them to help customers handle their payments smoothly.
Punching in manual info while running across tables to close out a sale, can be exasperating. There are several things that restaurateurs can do to ensure resourceful payment processing.
Overview
Find the best and most fluid way to manage payments and keep your cash flowing continuously with a restaurant POS system, even as you experiment with newer dining experiences.
The marketplace has rapidly changed over the past few years, with a lot of it driven by the pandemic. For several years traditional methods of closing out transactions remained unchanged. Now, with POS systems, even the customers’ credit cards are out of sight.
All software and data in traditional on-premise POS systems would be stored on a local server. This also meant that restaurants had to purchase relevant software licenses. Besides, there was also the difficulty of updating algorithms manually and by themselves.
Alternatives
Recent advances in technology have been instrumental in bringing Mobile POS systems. These can be operated out of tablets, smartphones and other similar networked devices attached to a card reader. When you partner with a provider such as OVERSEE, data is stored on our server. As a cloud-based POS system, it can be accessed from anywhere and from any device. Restaurant owners don’t have to worry about maintaining and updating software since the provider handles all of that.
Common payment processing models
Restaurants are now shifting to cloud-based and mobile POS systems to get a range of payment processing options. For instance, you can apply flat fee pricing with a predictable model. When customers use their credit cards to make a payment, standard transaction fees can be applied automatically. Alternatively, you can use interchange pricing where a fixed markup is added. In such a case, you must ensure that the right payment processor is being used. There are tiered pricing options available too.
Payment processor features
One of the most important considerations is to be able to get paid after transacting. Funds should be deposited into the account instantly. Besides, you have to check the processors’ approach to chargebacks. There might be claims from diners that they were never at the restaurant and the card was never used. Such chargebacks, especially for smaller restaurant owners, can be incredibly frustrating.
Security features must accompany payment processes where transactions shouldn’t just be easy but be safe as well. Minimum PCI compliance requirements must also be addressed by the processor.
Therefore, it is important to get a POS payment processing system that has the bandwidth to provide all of the above features. Integrate your payment processor with OVERSEE POS systems for the best results.
OVERSEE POS has cloud-based systems, which means payment data cannot be stolen from the server. Besides, we also prioritize and extend relevant support to our customers and take care of all unique needs of the restaurant.
