On March 8, 2023, Snack POS, a rapidly expanding processor-independent restaurant POS software, announced the launch of its new dual pricing functionality, which enables restaurants to clearly display card versus cash prices on POS terminals at the point of sale.
The new function addresses the rising credit card processing fees that have become a substantial expenditure for many food establishments. With the dual pricing functionality, restaurants can now give a discount to guests who pay with cash or other non-credit card modes while providing transparency during the checkout process.
Shmuly Preizler, CEO of Snack, said, "We understand the challenges that restaurants face when it comes to managing costs and profitability, especially in today's competitive market." He added, "Our new dual pricing feature is designed to help restaurants reduce the impact of credit card processing fees on their bottom line, while also providing customers with flexibility in their payment options."
(Source – Business Wire)
The new functionality is included in Snack's restaurant POS software, which is intended to assist restaurants to increase efficiency, streamline their operations, and deliver a smooth experience for both customers and staff. The software offers a wide range of features, such as order management, menu management, payment processing, reporting, and support for online ordering and delivery services.
Restaurants that use the new dual pricing function will have the ability to customize both the charge amount and the discount amount for cash payments to suit their specific needs. The feature also provides sophisticated reporting capabilities, enabling restaurants to monitor credit card fees and discounts and assess their influence on long-term profitability.
About Snack POS
Headquartered in New York, Snack POS is an emerging provider of end-to-end, processor-agnostic, omnichannel, and feature-rich restaurant software solutions. The company provides its reseller partners with extensive, cutting-edge tools and the flexibility necessary to thrive in today's fast-evolving business environment. Features of Snack POS include real-time menu management, secure payment processing, inventory tracking, and comprehensive reporting.