This solution encourages customers to use this payment method

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This will help reduce potential friction in their customer experience and any surprises when they receive their invoice. Alternatives to the surcharge If adding a surcharge isn't the right solution for your restaurant, but you're still looking to counter and manage payment processing fees, you may want to consider other options. Increase menu prices If credit card charges are a major concern and most of your customers use cards to pay for their meals, it might be a good idea to look at your menu pricing . Consider factoring the cost of this processing fee into the final price of your dish if you can manage to keep prices competitive.

Set a minimum amount for credit card payments Many boutiques and neighborhood stores also use this method to avoid paying high fees for small purchases. Inform customers by using Chinese Thailand Phone Number List signage that explains that they will have to spend a certain amount if they wish to pay by card. Offer cash back A cashback is basically a discount applied to customers who pay cash. which saves them money, while eliminating payment processing fees for your restaurant. 6 tips to reduce inventory discrepancies in your restaurant by Lightspeed 18-10-2022 11 minute(s) of reading Share 6 tips to reduce inventory discrepancies in your restaurant Managing rising food costs and finding new ways to optimize operations and increase margins are obstacles that all restaurants face.



A notorious culprit behind these tiny margins? Inventory discrepancies in restaurants. Keeping profit margins at a healthy percentage is a top priority for restaurant owners, given the low margins in the industry. Understanding where your restaurant 's inventory variances come from is the first step in creating a strategy to reduce and better manage them. Discover in this article: what are stock or inventory discrepancies in catering how to calculate the stock variance rate in your restaurant the most common causes of inventory discrepancies in restaurants how to reduce these stock gaps? Calculate your food costs with our free tool Use our simplified tool to calculate your food costs to maintain your margins and your restaurant's profitability.