Ive got way different numbers from Toast than what you wrote. Credit card will match or beat competitor. They are typically at 2.45% +.15 per transaction. Square is 2.65 + .10 per transaction, which is pretty close depending on check average. The equipment is definitely an investment. Ive been using square, but Im expanding and integrating. The nice part of Toast's online ordering is their option for Toast Delivery, which circumvents the high cost of delivery apps. Itstill uses those services, but Toast contracts with them, and costs $7.50 per delivery, with an option to actually charge the customer for all or part of that fee. So I can charge customers $5 for delivery, pay $2.50, and DoorDash, Grubhub or UberEats actually delivers and no additional fees. But Toast isnt cheap, lots of features though
|
