In an industry where every penny counts, Toast POS is excited to announce a new feature that empowers restaurateurs to better manage their finances: Credit Card Surcharging. This feature is now fully available to all eligible customers, designed to help offset credit card processing fees and retain more revenue. Here’s how it works and what it means for your business.
Credit Card Surcharging allows restaurants to add a small extra fee to transactions when guests choose to pay with a credit card. This practice is becoming increasingly common as businesses look for ways to handle the high costs associated with credit card processing. By implementing this feature, restaurants can reduce the financial burden of these fees, potentially saving thousands of dollars annually.
Toast ensures that the implementation of Credit Card Surcharging is both automatic and compliant with all applicable regulations. This means you don’t have to worry about the complexities of surcharging laws, as Toast handles the details. The system automatically adds the surcharge to the bill when a credit card is used, while ensuring compliance with local and national regulations.
While this feature brings many benefits, there are important limitations to note:
To enable Credit Card Surcharging, eligible Toast users should consult their Toast account settings where they can activate this feature. It's important to communicate clearly with your customers about the introduction of surcharges, ensuring transparency and maintaining trust.
By integrating Credit Card Surcharging, Toast continues to demonstrate its commitment to providing restaurant owners with tools that enhance their financial operations and customer service. As always, Toast is dedicated to helping your restaurant succeed in a competitive marketplace by leveraging technology to boost efficiency and profitability.
Visit https://getanewpos.com/ to learn more and fill out a contact form today.
Are you looking to come to Toast POS? Follow this link to sign up and get a free quote from your local Toast Rep. They will come out to your restaurant, and give you a free, no obligation quote.