From Check Out to Cash Flow: A Business Guide to Merchant Services
2 Min Read By Dennis Wegner
As the way people pay continues to evolve, restaurants and supplier businesses must adapt to meet their customers’ changing expectations around speed, convenience and security. Understanding how to manage available payment methods effectively can help business owners streamline operations, reduce risk and maintain reliable cash flow.
When choosing a merchant services partner, it’s important to consider a few key factors to find the right fit for your restaurant or supplier business.
Preventing Fraud in Digital PaymentsAs payment technologies become more advanced, so do fraud tactics. Businesses processing digital payments should take a proactive approach to protect customer information and reduce risk.
Security best practices include:
● Using payment terminals that accept EMV chip cards and contactless payments, including portable terminals that allow tableside payments while reducing the exposure of sensitive card information.
● Enabling built-in fraud tools like…
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