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Quick summary for hospitality businesses: To reduce chargebacks, businesses must implement Address Verification Services (AVS), maintain clear refund policies and use detailed POS data to provide “compelling evidence” during disputes. Statistics show that for every $1 lost to a chargeback, the actual cost to the merchant is roughly $3.60.
The Canal Ritz restaurant turned towards Virtuo POS, the evolution of Maitre’D, to bring the flexibility of the cloud into their operations. Real the full case study.
Imagine a culinary sanctuary in the heart of downtown Montreal, where you can escape for business brunches, after-work happy hours or weekend meetings. Welcome to Cathcart Restaurants and Biergarten, a 35,000-square-foot gastronomic haven enveloped by a 40-metre glass ceiling that lets you almost touch the sky as you dine.
The recipe for success in the restaurant business involves more than just an excellent menu; it also includes a good command of key performance indicators (KPIs) in line with your business objectives. By identifying and tracking the right KPIs, you’ll empower yourself to make informed business decisions, leading to more effective management and increased profitability.
From small independent establishments to large multi-site chains, the best restaurant POS system can transform day-to-day operations. It enables you to reduce human error, speed up service, simplify personnel and inventory management and provide real-time decision-making data. But how do you choose the right system for your business? Below is a comprehensive guide.
Running a bar isn’t just about serving drinks. It’s a precision game where every drop counts. With Maitre’D Bar, turn your losses into measurable profits, standardize your portions, optimize your prices and deliver a consistent experience to your customers. Discover how to increase your margins without selling more.
Chargebacks, in the simplest terms, are forced transaction reversals initiated by the cardholder’s bank.
Anchored in the welcoming tradition of the English “Public House,” Blaxton Pub & Grill has become a symbol of culinary excellence and exceptional ambiance since its establishment in 2013.