Restaurant Merchant Accounts

Restaurant Merchant Accounts typically combine the activity of both retail merchant accounts and Moto merchant accounts in that the credit card processing activity is distributed evenly between the point-of-sale activities conducted face to face within the restaurant and the manually keyed transactions resulting from delivery and take out. Just like retail merchant accounts, restaurant merchants will have the ability to accept credit cards, debit cards, and check cards and can also add other point of sale merchant services such as check guarantee, gift cards, value cards, and loyalty cards. To process these transactions, merchants can choose from a standard credit card terminal and printer combination or a fully integrated, multiple station POS, Point-of-Sale System complete with touch screen, back office reporting and inventory control. These products can authorize credit cards via an analog telephone line, a digital phone line, or a high speed Ethernet, cable, Wi-Fi, and wireless connection for high traffic locations. 

1st Nationals restaurant applications are specifically designed to effectively support the high demands of multi server, high volume locations. To top that off, these specialized restaurant merchant accounts offer a significant savings in comparison to the standard applications which penalize merchants severely for manually keyed credit card transactions resulting from delivery and/or take out orders.  Any of the credit card terminals offered by 1st National can support restaurant merchant account applications with or without tip and server programs.  1st National offers customized, technologically advanced Restaurant POS Systems manufactured by Micros, Posi-touch, Sable and Aloha and can also issue merchant accounts to work with any other Point Of Sale system in the industry.

Restaurant Merchant Accounts fall into a very special category because they are typically low risk and process a large quantity of small ticket credit card, debit card and check card transactions.  Due to this fact, restaurant owners qualify for a preferred merchant account rate program with an extremely low transaction fee of 15 cents per transaction.  For restaurant locations with extremely low ticket sizes, like bakeries and coffee houses, 1st National also offers the option of merchant account programs with “No Transaction Fee”.  American Express restaurant merchant account rates range from 2.55%-3.5% depending on the size of the transaction and the annual volume of credit card processing.  For restaurant merchants using a credit card terminal there is little or “No Start Up Costs” and the account can be live and active in less than 24 hours. The fully integrated POS Systems are custom designed to fit the needs of the merchant and have special financing programs available. Restaurant merchant accounts typically carry a flat monthly fee of  $7.95 per month, no monthly minimum and no annual fee.  For qualified merchants 1st National also offers restaurants merchant accounts with a free terminal program, bundled rates for low ticket merchants, and interchange pass through for high volume locations, franchises and associations.