What restaurants in Cleveland pay in card fees, and how to get some of it back.
Restaurants run card sales all day on the thinnest margins in retail. A 3% card fee on a 6% margin business means the processor makes half of what you do, on your food, your staff, your rent.
It is the same story from Ohio City and Clark-Fulton to Waterloo. The card company takes its cut before you count a dollar. Here is what is different with us: 20% of that cut comes back. We match the credit card processing rate you pay today, and every month we send you 20% of our cut.
A typical Cleveland restaurant runs about $40,000 a month in cards.
| Who you use | What you pay | What comes back |
|---|---|---|
| Flat-rate reader (Square, Clover Go, Toast) | 2.9% to 3.5% and up | Nothing |
| An old-school card company plus monthly fees | 2.3% to 3.0% plus fees | Nothing |
| Pacta | Same rate you pay now | 20% of our cut, every month |
Every card company keeps a cut of your sales. We send 20% of our cut back to you, every month. We show you your exact dollar amount on the call, in writing, before you sign anything. The program costs $24.99 a month, and you still pay the card fee on refunds. One tip when you compare card companies: the rate they advertise is never the real number. Take one month, add up every fee, and divide by your card sales. That is what you really pay, and it is almost always more than the rate you were quoted.
Nothing at the counter changes.
We match your rate.
Whatever you pay today becomes your rate with us. Nothing to argue about. Most people are approved in one business day.
A free terminal shows up ready.
It arrives with your prices already in it, and a dashboard to run everything from. A person walks your staff through it.
Cash back, every month.
20% of our cut, in your bank. The first one comes about six weeks after you start. Your money lands the same business day on most accounts, and there is no contract.
Straight answers.
What do restaurants really pay in processing?
With flat-rate readers, often more than 3% once every fee is counted. At $40,000/month in card sales that's $1,200/month, $14,400 a year off margins that are already thin.
Does tipping still work for my servers?
Yes, the tip prompt is built into the terminal at tap, before the card fee line. Server tips flow exactly like they do today.
Will this slow down my line?
No. The QD4 taps as fast as any modern terminal, the price display is automatic. Your ticket times don't change.
Other trades in Cleveland
Restaurants somewhere else
See your real number.
Tell us what your restaurant runs on cards in a month. Fifteen minutes, and the math is yours to keep either way.