For restaurant owners, smooth operations are important.
Managing various payment and reservation systems simultaneously is far from ideal, often leading to lost revenue, wasted time, and frustrated customers due to double entries and manual transactions.
Integrated reservation systems like Eat App, with secure payment solutions can be a game-changer for restaurants.
Let’s explore how payment integrations can transform your operations and deep dive into the best payment integration solutions for restaurants in 2024.
The benefits of payment integrations for restaurants
Integrating your reservation system with a payment integration provider can help improve your operations in a number of ways.
- Efficiency. Integrating with the right payment provider means that payment options are automatically created when a reservation is made. This makes the checkout process much faster for your guests, reducing the likelihood of lost customers.
- Speed. With payment integrations, you are able to serve your guests much faster and improve table turnover. Guests no longer have to wait for 5+ minutes just to get their bill and pay. This makes their dining experience much better from start to finish.
- Accuracy. By removing the need to create/link manual payments, your staff are much less likely to make mistakes. The process is automated from start to finish, which leads to the final benefit.
- Adding a personal touch. When your staff are less preoccupied with repetitive operational tasks like creating and modifying payments, this frees up their time to focus on what truly matters - creating memorable experiences for your guests.
Now that we've discussed the benefits of implementing payment integrations at your restaurant, let's jump into some of the best payment integration providers around the world.
Pro tip: Eat App integrates with most payment systems mentioned in this article. For more information, reach out to our team today!
The best payment integration providers for restaurants
Let’s now explore some of the leading payment integrations providers around the world.
Stripe
Who they are: Stripe is a financial infrastructure used by millions of companies, including restaurants, worldwide to accept payments, automate financial processes, and grow revenue. It offers global scalability and processes hundreds of billions of dollars annually, making it a reliable choice for restaurant owners.
Global reach and market coverage: Stripe supports payments in 195 countries across 135+ currencies, making it widely accessible.
Payment methods supported: Stripe supports over 50 payment methods, including Visa, MasterCard, and more.
Stripe stands out with its high historical uptime of 99.999% and its ability to handle 250M+ API requests per day, catering to restaurants of any size.
Telr
Who they are: Telr is a payment gateway that provides businesses, including restaurants, with a wide range of local and global payment options through a single integration. It is built specifically for restaurants in emerging markets and offers scalability and feature customization, allowing your restaurant to optimize payment processes.
Global reach and market coverage: Telr supports payments in 120 currencies and operates in 30 languages, making it suitable for restaurants with an international customer base.
Payment methods supported: Telr accepts various payment options, including Visa, Mastercard, American Express, Union Pay, and Apple Pay.
Telr offers restaurants of all sizes a comprehensive payment solution, leveraging proprietary technology and a dedicated focus on meeting their needs.
Checkout.com
Who they are: Checkout.com is a global payment platform that provides businesses and restaurants alike with high-performance payment solutions. It offers transparent pricing, payment expertise, and a strong commitment to partnering with restaurants.
Global reach and market coverage: Checkout.com supports a global suite of connected payment methods, digital wallets, and credit/debit cards, allowing customers to conveniently use their preferred payment methods for dining experiences across different geographical locations.
Payment methods supported: Checkout.com supports various payment options, including American Express, Apple Pay, Google Pay, Mastercard, and Visa.
Checkout.com stands out in the restaurant industry with its end-to-end payment services, fraud detection tools, and flexible fund management capabilities.
Network International
Who they are: Network International provides innovative payment solutions that simplify restaurant commerce and payments. With their robust suite of innovative payment products and services, they offer restaurants like yours a reliable and convenient payment integration option.
Global reach and market coverage: Network International is the largest acquirer in the UAE and facilitates digital commerce for restaurants in the Middle East and Africa. It serves over 40 African countries and has a strong presence in the United Arab Emirates, Jordan, and Saudi Arabia.
Payment methods supported: Network International supports a wide range of payment options, including various credit and debit cards.
Network International's expertise in the Middle East and Africa region and its distinction as the largest acquirer in the UAE make it a standout choice for restaurants.
Tap Payment
Who they are: Tap Payment offers a straightforward and efficient solution for managing online payments, providing restaurants with a convenient way to make money management more convenient.
Global reach and market coverage: Tap Payment was founded in Kuwait and has revolutionized online business in the Middle East. Supporting over 1,000 businesses and major corporations, Tap Payment understands the unique needs of restaurants in the region.
Payment methods supported: Tap Payment supports a range of payment methods, including Visa, Mastercard, American Express, and digital wallets like Apple Pay, Google Pay, and PayPal.
Tap Payment differentiates itself with its focus on simplifying online payments and making them accessible for restaurants in the Middle East, as well as its commitment to customer service and community engagement.
PayPal
Who they are: PayPal, widely recognized as a trusted online payment platform, is an ideal restaurant choice. With over 200 million active account holders worldwide, PayPal offers a secure and convenient way for customers to make online payments without the hassle of repeatedly entering card details.
Global reach and market coverage: PayPal supports payments in 25 currencies across 202 countries and markets, making it accessible on a global scale. This wide reach allows your restaurant to cater to customers from around the world. Notably, 72% of US online shoppers already have a PayPal account.
Payment methods supported: PayPal accepts various payment options, including credit cards and digital wallets.
PayPal's standout feature is its ease of use, making it simple for both restaurant owners and customers to navigate the payment process. Additionally, PayPal has earned a reputation as a trusted and widely accepted payment solution, instilling confidence in your customers when making payments with your restaurant.
Square
Who they are: Square is a trusted comprehensive software and hardware platform that offers restaurants a range of features to enhance their payment processes.
With its capability for contactless payments through smartphones, instant transfers, and extensive reporting and analytics tools, Square empowers restaurants with real-time business insights.
Global reach and market coverage: Square facilitates payments in the United States and supports merchants in expanding their reach globally.
Payment methods supported: Square accepts various payment options, including contactless cards and digital wallets. It provides tools for tracking restaurant performance, managing inventory, and optimizing efficiency in the restaurant industry.
What sets Square apart is its ability to integrate payment hardware, software solutions, and analytical tools to improve overall restaurant operations.
2Checkout
Who they are: 2Checkout is an all-in-one monetization platform specifically designed to maximize revenues and simplify global online sales for restaurants. With its flexible and scalable solutions, 2Checkout empowers restaurants to thrive in the digital marketplace.
Global reach and market coverage: Operating in over 180 countries, 2Checkout caters to restaurants worldwide, ensuring that restaurants can accept payments from customers around the globe.
Payment methods supported: 2Checkout understands the importance of offering versatile payment options for restaurant owners. That's why it accepts a wide range of payment methods, including major credit cards, providing flexibility and convenience for both restaurant owners and customers. Additionally, 2Checkout provides additional services such as subscription billing and risk management to further enhance the payment experience.
What sets 2Checkout apart is its unwavering commitment to helping restaurants grow. With tools tailored specifically for the restaurant industry, 2Checkout assists in expanding into international markets, increasing customer lifetime value, and accelerating time to market.
Apple Pay
Who they are: Apple Pay offers an integrated payment solution available on Apple devices, providing restaurants with a fast and secure way to accept payments. With its convenient features, Apple Pay simplifies the payment process for both restaurant owners and customers.
Global reach and market coverage: Apple Pay is widely accepted by over 85% of retailers in the United States, making it a trusted and recognized payment solution in the country. Additionally, Apple Pay is available for use in various other countries where contactless payments are accepted, ensuring worldwide acceptance and coverage for your restaurant.
Payment methods supported: Apple Pay supports major credit and debit cards, including Visa, Mastercard, and American Express. By offering these widely recognized payment methods, Apple Pay provides your customers with the convenience of making secure and contactless payments both in your restaurant and online.
One standout feature of Apple Pay is its strong emphasis on privacy and security. With Apple Pay, customer card information is never stored on Apple servers or shared with merchants. Each payment is authorized with unique payment codes and device-specific numbers, ensuring safe and private payment experiences for your customers.
Authorize.net
Who they are: Authorize.net is a versatile payment platform that enables restaurants to accept payments anytime and anywhere.
With its support for various payment methods, including credit cards, contactless payments, eChecks, and phone payments, Authorize.net provides the flexibility required to meet your restaurant's payment needs.
Global reach and market coverage: Based in the United States, Authorize.net operates globally and provides services to restaurants in different countries.
Payment methods supported: Authorize.net accepts major payment options such as American Express, Visa, Mastercard, Apple Pay, and more. It also offers advanced fraud detection, recurring billing, and digital invoicing features.
What sets Authorize.net apart is its comprehensive suite of payment tools. These tools allow you to manage ongoing billing needs, maximize customer lifetime value, and simplify the payment process for your customers.
Adyen
Who they are: Adyen is a comprehensive financial technology platform that provides end-to-end payment, data, and financial management solutions for restaurants. With Adyen, your restaurant can seamlessly accept payments, protect revenue, and gain valuable insights for global growth.
Global reach and market coverage: Adyen is based in the Netherlands and operates in various countries worldwide, making it accessible in multiple regions.
Payment methods supported: Adyen supports various payment options, including major credit cards like Visa and Mastercard.
Adyen stands out with its unified approach to managing payments in the hospitality industry, from booking to check-out, providing personalized experiences, and integrating seamlessly with existing systems.
Skrill
Who they are: Skrill is an online payment platform that offers a safe and convenient way for restaurants to accept payments across different platforms. With Skrill, your restaurant can facilitate quick and easy money transfers across multiple currencies.
Global reach and market coverage: Skrill operates globally, supporting payments in over 40 different currencies and serving customers in various countries.
Payment methods supported: Skrill accepts a wide range of payment options, including credit cards, debit cards, and digital wallets.
Skrill is renowned for its fast money transfers, ensuring that your restaurant receives payments efficiently. With its focus on secure payments, Skrill provides peace of mind for both you and your customers while conducting online payments.
WorldPay
Who they are: WorldPay is a trusted payment provider that enables restaurants of all sizes to make, take, and manage payments. With its comprehensive suite of solutions, WorldPay offers reporting and analytics tools, fraud prevention measures, and simplified payment experiences for restaurant owners.
Global reach and market coverage: WorldPay operates globally, supporting merchants across various countries and accepting payments in multiple currencies.
Payment methods supported: WorldPay supports multiple payment options, such as credit cards, contactless payments, and eChecks.
WorldPay differentiates itself with its comprehensive suite of solutions, offering reporting and analytics tools, fraud prevention measures, and simplified payment experiences for restaurant owners.
Klarna
Who they are: Klarna is a leading global payment and shopping service that provides convenience and flexibility in online purchases. With its smooth and secure consumer payment experience, Klarna enables restaurants to expand globally and enhance the payment process for their customers.
Global reach and market coverage: Klarna operates in 45 countries, catering to millions of active consumers and partnering with over 500,000 merchants.
Payment methods supported: Klarna accepts various payment options, including credit cards and installment plans, providing customers with personalized experiences and a choice of local payment methods.
With its customer-focused approach, innovative payment experiences, one-click purchase functionality, support for multiple currencies, and ability to split payments into installments, Klarna helps restaurants attract and retain customers.
Payoneer
Who they are: Payoneer is a global payment platform designed to simplify cross-border payments for restaurants. With its multi-currency accounts and easy payment capabilities, Payoneer empowers restaurants to grow internationally and navigate the global economy.
Global reach and market coverage: Operating in over 190 countries, Payoneer supports payments in 70 different currencies, making it accessible to restaurants worldwide.
Payment methods supported: Payoneer supports multiple payment options, making it easy for your restaurant to pay and get paid globally.
What sets Payoneer apart from restaurants is its dedicated focus on helping them navigate the complexities of the global economy. Payoneer understands the unique challenges of cross-border payments and ensures seamless payments while complying with local regulations.
Takeaways
The payment integration providers listed in this article help restaurants simplify their payment process, streamline operations and expand their business. With options like Stripe, Checkout.com, and Tap Payment, restaurants can benefit from giving their guests options of more convenient payment methods, accept payments from cards from any country and give guests the flexibility of multiple payment options.
Eat App integrates with these payment solutions and more, providing restaurant and hospitality owners with a seamless platform to effectively manage their operations and serve their customers.