Handling payments has been part of your daily routine since opening your restaurant or café. 

But the payments landscape is evolving quickly resulting in concerns around costs, complexity, security and more. Today, more than 45% of small business owners, including restaurant operators, find payment processing costs to be a major financial concern.

While costs are always a big deal, there are other headaches like poor POS integrations and lack of offline support that can lead to downtime and lost sales. And let's not forget those hidden fees that sneak up on you.

Choosing the right payment partner can make a world of difference. Here are four things to look for:

1. Keep your options open - Don't get locked into a single payment or a POS provider. Some POS systems will charge you more if you don’t use their payment solution. Look for flexible payment vendors like Tyro and Liven Nomnie Pay, which provide same-day settlement and offer deep integrations with POS systems. 

2. Understand Chargebacks and Fraud Management - Make sure you know how and when you’ll be charged. A good provider will manage chargebacks and fraud in your best interest, without sneaky extra costs. Avoid providers that see fraud as an opportunity to make more money.

3. Ensure Offline Support - Internet down? No problem. Choose a payment provider that offers offline support so you can keep serving customers without any hiccups. This ensures smooth operations and no lost sales during network issues.

4. Support for Various Payment Types - Your payment provider should support a range of payment methods: cash, credit cards, digital payments like Stripe, Alipay, Google Pay, Apple Pay, and even contactless and QR code transactions. Quick fund access is crucial, so aim for providers offering settlement within 48 hours or same-day. Professional payments partners like Tyro offer same day settlement with no fee options.

With Abacus POS and Nomnie Pay, you get the best of both worlds. Abacus POS offers flexibility without hidden charges and supports a wide range of payment types. Nomnie Pay processes transactions in less than three seconds and works seamlessly even during network disruptions, offering quick fund access within 48 hours or same-day settlements.

Ready to streamline your restaurant payment operations? Book a call with us today!