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Understanding pass through fees (and avoiding rate hikes)
Finance/Operations | Pricing

Understanding pass through fees (and avoiding rate hikes)

While reviewing your payment processing report at the end of last month, you noticed a bunch of extra fees on your merchant statement. Sure, you know what you’re supposed to be paying for credit card processing but what are these other charges? And wait… why is your processing rate so high all of sudden?! Sound…

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Processing fees and how Table Needs beats the competition
Management | Pricing

Processing fees and how Table Needs beats the competition

This will come as no surprise to restaurateurs: When a customer swipes their debit or credit card on their POS machine, the restaurant pays a percentage — say, 2% — to the bank for using its machine. It’s also no secret that percentage adds up.  Of course, it can be significantly higher than that.  To…

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