1. Get More With Clover POS Looking to get more revenue with lower fees from online delivery? Clover’s got you covered. Clover Online Ordering with Delivery generally costs less than orders delivered through aggregators, like Uber Eats and Postmates. DoorDash® charges a flat rate delivery fee per order, invoiced monthly, and you have the option to pass through some or all of the delivery fees to your customers. That could mean more revenue per order for you and lower delivery fees for your customers. What’s more, offering your customers more ways to place orders– through Clover Web Ordering and the Clover app–can boost your online order volume and your revenue. 2. Take Full Control Of Your Delivery Now, you can offer delivery fully managed in your Clover POS. Clover Online Ordering with Delivery gives you centralized end-to-end control of online orders. That’s menu management, ordering, payments, and reporting all processed through Clover Online Ordering–with delivery dispatched to DoorDash®. And, it gives you centralized business management for inventory, menu syncs, order management, order processing, payment, and reporting. Clover Online Ordering with Delivery can make your restaurant a one-stop order and delivery shop.

With Financial Business Solutions Group, businesses can now significantly lower or eliminate their merchant processing costs. Our fully compliant program displays dual-pricing on either a terminal or via a virtual gateway, giving the consumer a clear choice for their payment method. The displayed card price includes the cost of payment acceptance. Program Benefits Include: Empower consumers with the choice to select cash or card. Eliminate or lower processing costs. Choose to pass some or all of the cost of acceptance to the consumer. 1 monthly Program fee. Available for Invoicing, PayNow, and Virtual Terminal Transactions. Low Cost to accept ACH transactions with ACheck21.

#1 : Fees There are many fees associated with credit card processing. Here is a look at the fees you'll want to address and understand before signing your agreement. Interchange fees A fee charged for every credit card transaction. Your processor pays this 2% to 3.5% fee to the bank of the card type in each transaction. It fluctuates based on several factors, including the type of card accepted (credit, debit or a rewards card), the type of transaction (if it’s done in store, by phone, or online), and the size of each transaction. It's important to note in-store transactions will cost you less in interchange fees, since the card is physically present, meaning there’s less risk of fraud. Monthly statement fees The credit card processing company might charge you monthly statement fees to cover the expense of mailing you a statement. It costs about $10 per month on average but some offer it for free and some charge as high as $25 a month. Monthly minimum fee A monthly minimum amount in card transaction fees might be required by the processing company. For example, the company’s monthly minimum fee may be $25. If your total credit card transaction fees for the month were $20, the company will charge you $5 to make up the difference. Monthly gateway access fee Processors may charge you this monthly fee for providing a payment gateway, which transmits transaction data from your processing system to the credit card companies. Monthly fees cost approximately $10 to $30. Early termination fee Processors may charge you for an early cancellation of your contract. The fee can cost anywhere from a few hundred dollars to thousands. Make sure you ask what happens if you close your business or decide to use another processor. It's important to ask about all fees. There may be other fees than listed above and you will want to understand any and all recurring fees.

It is a necessity to have a website if you are in the restaurant business. Now, you might think, having a website is enough to bring in more business and show the entire world what you have to offer. Wrong answer! This approach would have worked 20 years ago, but it won’t work in this era. 2020 has hit every business hard, most restaurants have gone ahead and integrated their POS & websites with an app that facilitates online ordering. 63% of consumers agree that it is more convenient to get delivery than dining out with a family. Considering 2020 and the current trends, if you refuse to evolve and adopt new technology, you would lose out on business and customer trust. Even if customers love the food you serve, they would instead order food from a restaurant that allows them to place orders online. As per Forbes, delivery sales could rise an annual average of more than 20% to $365 billion worldwide by 2030, from $35 billion. Taking all into consideration, as a restaurant owner, don’t you want to capitalize on this trend? Benefits of online ordering channels: Increased productivity Order accuracy Business expansion Helps you build a customer database Analytics

Credit card processing has grown more expensive for many merchants over the years—especially those who own and operate small businesses. When merchants accept credit cards, they face the financial burden of paying interchange fees. On average, these fees can range from 1-4%, which means that these costs can add up over time. As a result, smaller businesses need to save all the money they can get to keep operations afloat and achieve maximum profitability. So, the question remains: what are my other options to avoid processing fees? Well, your answer is either a cash discount or a surcharge program. So, let’s explore together the great debate of cash discount vs surcharge to see which option is right for your particular business.

The financial side of starting a small business is often the most intimidating. Small businesses often fail because of poor planning, and prospective business owners are hesitant to pursue their dreams because they don’t have enough capital. However, you have several options, including standard bank loans, or a merchant cash advance.

If you have ever reviewed your monthly Merchant Account Statement and discovered that you have been paying a PCI Compliance penalty fee for months on end, you know how upsetting that can be. If you remain out of compliance for 6 months, that can cost you about $180 in penalty fees.