Pay-at-the-Table Technology Boosts Safety, Convenience and Satisfaction

Opening a restaurant, and then achieving and maintaining profitability, isn’t easy. In fact, there’s a veritable cottage industry of television shows dedicated to the cutthroat nature of the business. Gordon Ramsay isn’t very forgiving, and diners who spend their hard-earned money can be just as demanding.Offering a quality product is the most obvious goal that restaurants strive to achieve, but with 80 percent of restaurants risking failure in the first five years, success hinges on more than just food. A passion for culinary arts is rarely enough to compensate for a lack of business skills. 

A wealth of other variables every day decide who stays open and who ends up closing their doors. Surprisingly, security and speed of payment transactions are two factors that have been proven to be important to many customers. 

A recent survey by TSYS, a global payments company that serves nearly 800,000 merchants across the U.S., found security to be the most important payment…