ProcessingPoint.com >> Restaurant Merchant Accounts

Restaurant Merchant Accounts Pricing

A Restaurant Merchant account gives the merchant the ability to accept credit cards at their business location. The difference between a Retail Merchant Account and a Restaurant merchant account is the tip and server functions. The internal program in the credit card terminal allows the restaurant to take tips and control server functions. To qualify for this merchant account the merchant will have to swipe transaction through a terminal or POS system 70% of the time. Restaurant merchants have the ability to use multiple POS or Terminal devices to run transactions. Terminals require a landline phone outlet and power source. Restaurants can also use third party POS systems like Aloha or Digital Dining to name a few.

Restaurant merchant accounts are the ability to accept multiple cards types. American Express, Discover, JBC, and Diners are also available to the retail merchant. These rates are determined from the given Card Company based on average ticket and annual volume. These rates are noncompetitive in the industry. To the merchant there is no difference in the setup. ProcessingPoint will handle all setup and build of these card types. Monthly billing and statements will come from each individual card company.

Disclaimer "All rates and fees are subject to change based on interchange increase pass through. Rates and Pricing is not based on Volume or Risk. Additional fees will implacable based on types of Merchant Account fees (this should be a link or highlighted text to Page L). Call ProcessingPoint for detailed pricing structure based on your business model. Terms and Conditions apply for approval and acceptance of these rate programs."

Features:

  • Personal Account Consultant
  • Tip Funtions
  • Fast Approvals
  • Free Reprograms
  • Free Training and Follow Up
  • Email Support
  • Online Reporting
  • Accept All Major Credit Cards

Terminals:

Service Price
Checkcard Rate 1.49%
Qualified Rate 1.75%
Transaction 20 cents
Customer Service Fee $9.95
Setup Fee Free
Annual Fee Free



All rates and fees are subject to change based on interchange increase pass through. Rates and Pricing is not based on Volume or Risk. Additional fees will implacable based on types of Merchant Account fees (this should be a link or highlighted text to Page L). Call ProcessingPoint for detailed pricing structure based on your business model. Terms and Conditions apply for approval and acceptance of these rate programs."