Restaurants losing customers and revenue due to payment processing fees and digital payment friction

Restaurants are adopting cash-only policies to avoid payment processor fees that eat into already-thin profit margins, but this creates friction for modern customers who carry less cash and expect card payments. Restaurant owners face a painful choice between accepting cards and losing 2-3% to fees, or going cash-only and losing sales from customers without cash. Current payment solutions fail to offer restaurants a low-cost alternative that satisfies both their margin concerns and customer payment preferences.