On September 25, 2019, the merchant services company Square announced new pricing for their customers to take effect November 1. In the email, Square noted that their flat 2.75% pricing for tapped, dipped, and swiped transactions would now be changing.
80% of small-business data breaches are associated with insecure implementation and/or servicing by point-of-sale (POS) integrators and resellers, according to a recent statistic from Visa. For businesses like yours, the QIR program allows you to easily identify and engage a qualified professional to install and support PA-DSS validated payment applications such as point-of-sale systems. The once-optional program is now becoming a requirement for businesses.
Restaurant owners have hesitated to upgrade from cash registers to point of sale platforms because many worried that technology would get in the way of hospitality. But 73% of restaurant-goers agree that technology improves the restaurant experience.
So how has the restaurant point of sale system evolved, and what’s next for this central piece of technology?
It’s no secret that the restaurant industry is rapidly changing and technology has played a major role. As online ordering evolved to become easier for consumers, its popularity has skyrocketed. Just as consumers demand the convenience of anytime, anywhere, from retailers, they have grown to expect the same from their favorite restaurants. Dining in may not be for everyone, with the fast pace of consumers’ busy lives, the ability to order ahead and arrange for delivery or pickup when it’s convenient is something they value.
By 2020, Restaurants that won't offer online ordering & delivery will lose over 70% of their customers.
Check out our info-graphic below to see how technology has already changed the restaurant industry and what is expected in the near future.
According to the National Restaurant Association, 83-percent of Americans look up dining locations, directions and hours of operation on their smartphones or tablets. Just over half order takeout or delivery right from the restaurant’s own website. Isn’t it time you got in on the action? Here are five reasons we think you should.