Ordyx Adds Cash Discounting and Credit Card Surplus Capabilities to Its POS Software
Boca Raton, FL, September 06, 2018 --(PR.com)-- Ordyx is introducing two highly requested features to their point of sale customers; these features are Cash Discounting and Credit Card Surcharge. The integration to the Ordyx software comes at an optimal time as many of their customers are small businesses and restaurants who may have been experiencing the heavy effects of credit card processing fees on their daily profits.
How it works
A cash discounting program adds a service fee to all purchases, while discounting this fee for customers who pay with cash. The credit card surcharge program simply adds a fee to credit card transactions only and is used to pass along the cost of the transaction. The restaurant owners will choose this fee to be either a flat fee, a percentage rate, or a combination of both where the higher of the two amounts will be charged per credit card transaction.
When setting up the programs, Ordyx customers have flexibility in the rates they would prefer to charge their restaurant customers. This is important because Ordyx is processor agnostic, allowing their customers the choice of whichever payment processor they please. Different payment processors may charge different fees for credit card transactions so, allowing the restaurant owners the freedom to match these processing fees translates to restaurants not being stuck with the burden of having to pay per transaction.
Benefits
Providing these programs allows Ordyx customers the ability to safeguard their profits from the ever-growing trend of “no cash, plastic only.” In other words, just as expensive ingredients will cost more to the dining customer, customers who cost you more to serve will pay more to be served. Your dining customer will always have the option of paying cash on their next visit if they don’t want to pay the surcharge, but they’ll hopefully be even more pleased that you aren’t shutting down due to credit card fees.
About Ordyx
Ordyx is a state of the art hybrid point of sale system for restaurants, bars, nightclubs, and wineries. Ordyx came about based on the idea that technology should be available to all. Whether it is the chain with hundreds of establishments or the mom and pop corner restaurant. In essence, they all need tools to help them understand their business, their services and products, and more importantly their customers.
How it works
A cash discounting program adds a service fee to all purchases, while discounting this fee for customers who pay with cash. The credit card surcharge program simply adds a fee to credit card transactions only and is used to pass along the cost of the transaction. The restaurant owners will choose this fee to be either a flat fee, a percentage rate, or a combination of both where the higher of the two amounts will be charged per credit card transaction.
When setting up the programs, Ordyx customers have flexibility in the rates they would prefer to charge their restaurant customers. This is important because Ordyx is processor agnostic, allowing their customers the choice of whichever payment processor they please. Different payment processors may charge different fees for credit card transactions so, allowing the restaurant owners the freedom to match these processing fees translates to restaurants not being stuck with the burden of having to pay per transaction.
Benefits
Providing these programs allows Ordyx customers the ability to safeguard their profits from the ever-growing trend of “no cash, plastic only.” In other words, just as expensive ingredients will cost more to the dining customer, customers who cost you more to serve will pay more to be served. Your dining customer will always have the option of paying cash on their next visit if they don’t want to pay the surcharge, but they’ll hopefully be even more pleased that you aren’t shutting down due to credit card fees.
About Ordyx
Ordyx is a state of the art hybrid point of sale system for restaurants, bars, nightclubs, and wineries. Ordyx came about based on the idea that technology should be available to all. Whether it is the chain with hundreds of establishments or the mom and pop corner restaurant. In essence, they all need tools to help them understand their business, their services and products, and more importantly their customers.
Contact
Ordyx
Coleman Howard
+1.561.807.1502
www.ordyx.com
Contact
Coleman Howard
+1.561.807.1502
www.ordyx.com
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