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EMV for Restaurants: How to Accept Chip Cards in the Service Industry

No matter what industry you’re in, October of 2015 marks a huge shift in how your business runs. That’s because, after October 1, 2015, U.S. merchants must upgrade their credit card payment terminals to accept EMV chip cards. Therefore, they don’t have the liability for fraudulent charges made in their establishment. This can be a huge risk for businesses of any size, but especially for smaller and local merchants.

A lot of the discussion around the transition from old magnetic strip cards to new EMV chip cards focuses primarily on retail. But it’s no less significant for the service industry. Businesses like restaurants & bars, coffee shops, and more are all faced with having to upgrade to EMV-ready terminals. They face an additional complication, though, because EMV payments can make processing tips more difficult. Luckily, solutions exist.

The Problem with EMV Payments and Tipping

With traditional magnetic stripe cards, the total cost of the bill can be run on the card, at which point a receipt can return to the customer, who can add a tip and sign with the new total. The restaurant would later adjust the transaction to reflect the new total with the tip included. However, with some EMV cards this final step, known as “dipping,” is not an option. With some newer EMV terminals, dipping is allowed, so it’s important for restaurants to have the most up-to-date equipment available. More on that later!

Other Options for Tipping during EMV Payments

Alternately, tipping can be handled upfront during the checkout process. Basically, a prompt during checkout asks the cardholder if they’d like to add a tip before final authorization. This way, no adjustment needs to be done. This can be done either at the counter or by using a tableside payment terminal like the Clover™ Mobile.

Clover™ Mobile POS is a great choice for pay-at-the-table.

Embrace E-Commerce with Clover ™ Online Store

More and more of the retail sector is moving online. Games, toys, and hobbies are no exception. Get with the times, and expand your customer base around the globe, by starting an e-commerce site that integrates with your brick and mortar store. How? With Clover ™ Online Store.

Clover ™ Online Store is an “all-in-one” solution for business owners who want to sell online and improve their business’s presence on the Web.

Clover ™ Online Store offers easy-to-use tools to help create a professional-quality website with your own custom domain from scratch, using pre-existing templates and a convenient content management system. Sell online in no time with Clover ™!

Learn more about Clover ™’s POS System online store.

Clover ™ Offers Best EMV Payment Terminals for Restaurants in the Service Industry

If you’re in the restaurant or service industry and looking to upgrade to an EMV payment terminal, your hands-down best option is a point-of-sale system from Clover™. Clover ™ POS systems support nearly any kind of transaction, from EMV and PIN debit to mobile payments like Apple Pay and Google Wallet. Clover™ terminals also allow merchants to accept tips during the checkout process, or by later adjusting the total using the traditional method. And like we already mentioned, tableside payments are easy with the Clover™ Mobile.

In addition to full EMV functionality, flexible transactions, and easy tipping, Clover ™ POS systems also offer real-time inventory tracking, detailed reporting, simple touchscreen functionality, PCI compliance for peace of mind, and a fully dedicated App Market with tools for scheduling, marketing, customer incentives, and more.

Learn How Turnkey Processing can Help Your Hobby Shop

If you’re interested in a Clover ™ POS system for your business, get in touch with Turnkey Processing. A fully authorized clover merchant, Turnkey takes pride in doing more than just selling hardware. They work with businesses to make the most out of their Clover ™.

Lastly, contact us today to see how we can help your business and if you qualify for our free payment terminal program.