Restaurant Credit Card Processing
Restaurants normally operate under what is considered a “Retail Merchant Account.” This Merchant Account structure is appropriate for business where the billing party (the restaurant) has the customer’s card in hand. This is what we refer to as “Card Present” or “CP.” You may have heard this referred to as a “swipe account.”
As the card is generally present, the risk of fraud is much lower and because of the reduced risk this category of merchant accounts usually qualifies for the best rates. To understand the tiered rate structure more clearly, you might consider visiting our Merchant Account page which goes into greater detail.
What you should know about Restaurant Credit Card Processing
Aside from a rate structure that is largely based off a retail merchant account, your restaurant might have a variety of requirements such as point of sale (face to face) transactions while others may be manually keyed as would be the case with takeout orders.
If this were a typical “Retail” merchant account the keyed transactions might come with a penalty associated as the fraud risk is higher. 1st National solutions reflect the reality that most restaurant credit card processing transactions reflect a large quantity of low risk, small ticket charges originating from credit, debit, and check cards. As such, a restaurant may quality for a “preferred” account resulting in a lower than normal rate tier and very low transaction fees.
But not all restaurants are alike as might be the case with some restaurants with a high volume of smaller value transactions as may be representative of bakeries and coffee houses. For businesses such as these, we may advise an alternative solution that doesn’t include a typical transaction fee.
By understand your business needs, and perhaps asking you a few more questions about your business than our competitors, we can be a welcome partner in your efforts to control costs.
Toll Free: (877) 964-1622
Restaurant Credit Card Processing Equipment
1st National offers restaurant credit card machines from the top manufacturers in the industry as well as tailored Restaurant POS Systems such as those manufactured by Micros, Posi-Touch, Sable and Aloha. Some hardware solutions include multi-station touch screen POS terminals with robust reporting and inventory control.
Alternatively, you might find that an electronic cash register or simply a swipe capable credit card machine may be an appropriate solution for your restaurant.
For those of you who are 1st National customers you should be aware that your discounts can be quite aggressive, so please make sure you talk to us before purchasing from our cart.
Registers & POS Systems
First Data FD410 Wireless Credit Card Terminal$629.00 Add to cart
Ingenico 7780 Mobile Credit Card MachineRead More
WAY Systems MTT 1581 Wireless Credit Card MachineRead More
Ingenico 5100 Countertop Credit Card MachineRead More
Hypercom Optimum T4220 Credit Card MachineRead More
Hypercom Optimum T4210 Credit Card MachineRead More
First Data FD400 Wireless Credit Card MachineRead More