Payment Processing Accounts for Food Delivery Services

Food Delivery Service Industry Can Benefit from Contactless Payment Options

With today’s fast paced lives, people nowadays rely too much on food delivery services. Add to that the restrictions brought by the COVID19 pandemic when everyone is stuck at home – the demands of food delivery services has become a trend so now is the time to set up an online payment portal. Across all demographics, generation Y is believed to be the biggest contributor to the food delivery trend due to its quick ordering, instant delivery, and seamless checkout. Thus, it’s important to know how to accept credit card payments online in order to take advantage of this food delivery service trend.Restaurants have adapted to the new normal and have worked alongside food delivery services to satisfy the demands of customers. Even small-scale businesses have jumped on the craze, introduced exciting menus featuring appealing dishes using fresh, healthy, and locally sourced ingredients wrapped in Instagram-worthy packaging. These details also help businesses attract new customers through social media to not only survive during the current pandemic, but to thrive.

What Makes Food Delivery a Hit Among Millenials

Food delivery services have changed people’s eating and spending habits. Restaurants have become the go-to spots for time-starved and convenience-seeking individuals. Food delivery services allow one to eat the food they crave without the need to cook. Besides, food delivery gives them more options compared to traditional restaurants. The flexibility of payment processing for food delivery services makes it more appealing to the younger generation.

The Benefits of Food Delivery Services

• Quick and convenient
• More payment optionsMore menus
• More options for health-conscious eaters
• The flexibility to order food any time of the day

Small scale food business owners can take advantage of the online delivery demands to increase revenue and expand their market. You do not need to have a physical store, which will take a big chunk out of your initial or start-up cost.

Food Delivery Services Should Have Flexible Payment Processing Options

For convenient ordering, payment processing for your business is a crucial part of running a food delivery service. An efficient check-out process will also severely impact your business no matter how good your food and customer services are. With an interesting menu, good food, and excellent customer support, a good payment processing account must work hand-in-hand for your modern-day restaurant to be successful.

Cashless payment transactions prove to be the much-preferred option by the majority of customers, so offering contactless payment options can benefit your business. PayPal, Shift4Payments, TouchBistro Payments powered by Chase, Stripe, and Upserve are payment processing accounts service providers that you can choose from.

Whilst it is good to know that payment processing for food delivery services is widely and readily available, it is best to speak with other restaurant owners first for recommendations. Alternatively, you can always get in touch with these companies and request a free quote to give you a better idea about how it works, especially when it comes to fees like per-item fees, transaction fees, account set-up fees, association fees, zero-fee processing, and so on. Always remember that there are plenty of ways to save on merchant account fees as well.Although the process may be a bit of a hassle, having cashless or contactless payment options will give your business marketing and sales leverage. Working with the right credit card processor will give you the peace of mind that you will receive all your funds and revenue in an organized manner. It is not only for everyone’s convenience but it is also an investment.

Contact us today to learn more about your payment processing options and set up your high-risk merchant account with First Card Payments.

Alexander Ellis( President )

My interest in the financial world started to blossom in High School. However, my parents tell me I use to watch financial programs before the age of 5. So, I guess I was born with the Financial bug. In high school I was accepted into their Finance Academy, which I attended for 4 years. In addition to graduating high school, I accumulated a substantial amount of financial knowledge few people experience at such a young age. During which time, I won the State of Florida Stock Market Contest and I also finished in the top 100 in the CNBC stock market contest which had over 1 million participants throughout the country (including some of Wall Street’s elites) with a take home prize of $1 million. These achievements allowed me to be invited to many shows and events with top people in their fields of business from around the world.