Restaurant owners are in a great position to secure low cost credit card processing. Lower “risk” swiped transactions, low chargebacks, and the popularity of going out to eat make processors eager to sign restaurants as clients. At CardFellow, we help restaurant owners and managers find the right fit. Whether you need particular POS features, lower […]
Restaurants notoriously operate on thin margins, so ensuring that you’re not overpaying for credit card processing can help your bottom line.
Tips over a certain percentage of the bill can trigger flags for fraud, resulting in card issuer-initiated chargebacks, or can cause your transaction to be downgraded to a more expensive interchange category. Tip Tolerance What happens if I get a chargeback for a big tip? Tips and Interchange Downgrades Spotting Downgrades on Your Statement How […]
Now that credit and debit cards have become a popular way to pay for meals, customers often add tips for servers when they sign their credit card receipt. However, this common practice could have implications for your bottom line.
Use the secrets that credit card processors don't want you to know to drastically lower your credit card processing fees.
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