Speed of Service Discount

Software That Masters Your Speed of Service


 

Revenue Increase!

How do I increase revenue in my bar, restaurant or nightclub?  Many POS Companies say they CAN do it. But we can show you HOW! Let us show you NOW...

Our system configuration rolls sales tax into your drink prices automatically.  Most places we know do this because they don't want their bartenders slowed down dealing with pennies, nickels and dimes.  In effect you are discounting your prices through automated rounding during cash transactions. We call it the Speed of Service Discount.

Speed of Service is actually a discount offered when your customers pay cash. Depending on your credit card volume you may be literally losing tens of thousands of dollars without an automation like this. It adds up quick and 2TouchPOS is the only system out there that can make this happen for you automatically.

Speed of Service Discount Calculator

 USD
Weekly Credit Card VolumeSales TaxWeekly Revenue IncreaseMonthly Revenue IncreaseAnnual Revenue IncreaseThree Year Revenue Increase
5,000.00 USD6%$300$1,300$15,600$46,800
3,500.00 USD8.25%$288.75$1,251.25$15,015$45,045
7,000.00 USD7.75%$542.5$2,350.83$28,210$84,630
5,000.00 USD7.75%$387.5$1,679.17$20,150$60,450
4,500.00 USD5%$225$975$11,700$35,100
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What YOU Should Know!

 

Answer: Most customers are accustomed to this process. The bottom line is; cash offers immediate pay to the proprietor; while credit does not and credit/debit requires additional fees to process. What customer doesn’t love to hear that when paying with cash they can have a discount?

Answer: Have you ever heard of the Durbin Amendment to the Dodd-Frank Wall Street Reform Act? This federal statute makes it 100% legal to offer incentives for paying with cash. You can learn more about the law at the following link Durbin Amendment.

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