One of the biggest advantages to having a SpeedLine POS is that your SpeedLine menu can be completely customized to your restaurant concept. Even before installation, the SpeedLine Support Team works with you to build your menu and is available to show you how to make updates.
Are you using multiple systems? Integrate online ordering, third-party delivery, business intelligence solutions, and many others to build a solution that works for you.
Yes! SpeedLine has mobile options for taking orders and payments anywhere within range of your Wi-Fi network. You can even accept card payments by pairing the Microsoft Surface Pro or Go tablet with a mobile EMV PIN pad, and print receipts with a small Bluetooth printer. Learn more here.
If you accept credit cards and payments are processed through the POS, the answer is yes.
Since July 2010, merchants (including restaurant operators) are required to use only PCI PA-DSS validated point of sale and payment applications.
Financial institutions enforce the requirement for an annual PCI security self-assessment and quarterly network scans, and can levy fines for non-compliance. If your POS system is non-compliant, you will automatically fail your PCI assessment, and could lose the ability to accept credit cards.
Card data theft is costly. If your restaurant location is determined to be a common point of purchase for stolen card data, the card associations order a forensic audit. This can cost you in the neighborhood of $15,000. Then, depending on the number of cards affected, and whether you have taken the necessary steps toward PCI compliance, the card association(s) assess fines that can range from $50,000 and up.
Moreover, 44 states to date have enacted privacy laws that require you to report any suspected breach to the FBI and personally notify every potentially affected cardholder. The cost of notification averages $30 to $50 per customer.
In addition, following a breach, your restaurant is automatically re-classified as a Level 1 Merchant, subjecting you to the same rigorous audit requirements (and costs) as the largest retail companies in the country. Expect to pay $25,000 to $35,000 per year for a mandatory on-site audit.
The Ponemon Institute, a research firm dedicated to privacy, data protection and information security, estimates that a breach costs between $90 and $305 per record. Many factors enter into such an estimate: in addition to the direct costs incurred in legal fees, security audits, fines, and penalties, there are also less tangible losses, such as brand damage, lost customers, and time spent dealing with the credit card breach.
A feature article on RestaurantPartner.com, “Restaurants and Credit Cards – A Dangerous Combination,” related this example from a single Atlanta Bread Co. restaurant in Kansas City:
“When a hacker compromised their credit card processing system it tallied up a bill of over $25,000 and counting. They were threatened with fines up to $1 million and had $16,000 pulled from their bank account without notice. This prohibited them from buying food for a period of time and then had to spend $7000 upgrading their POS system. Luckily, they were able to weather the storm and stay afloat. Unfortunately, many restaurants maintain a very tight cash flow and such a blow could easily put them out of business.”
EMV is a standard developed by Europay, MasterCard, and VISA for chip-based debit and credit cards.
The computer chip inside an EMV card stores and protects cardholder data, and prevents the use of counterfeit cards. The chip must be read by a compatible EMV PIN pad or other secure card-reader. The EMV chip creates a unique transaction code that cannot be reused, reducing fraudulent card-present transactions.EMV card readers also support Near Field Communications (NFC), for contactless payment (tap and pay) and Apple Pay.
Yes. If you are using Worldpay Express and the payment network cannot be contacted, the payment information is securely stored until the connection is reestablished. You can also set dollar limits per transaction and per outage period.
Yes, in the following configurations:
Yes. A prompt on the PIN pad will allow the customer to enter a tip amount. This prompt can be activated by order type in SpeedLine.
You can choose to prompt for a percentage of the total, or the customer may enter a custom amount.
PIN pads are extremely reliable, but in the unlikely event of failure, there are two options for continuing to process credit cards:
Without the EMV PIN pad in place, the store will be liable for any chip card-present fraud on the affected station and won't be protected by E2EE.
This will depend on where the PIN pads are purchased. If purchased from SpeedLine, please refer to the Hardware Warranty Service document, which can be downloaded from the Customer Support site, or requested from SpeedLine Support or Aftermarket Sales.
If purchased elsewhere, please contact the PIN pad manufacturer or reseller.
In our experience, yes, if the stores have the same bank, credit card processor, and encryption keys. However, some credit
card processors have said this may not work. To be safe, if using Monetra, ask your credit card processor.
If using Worldpay, yes, PIN pads are interchangeable between stores.
Yes. The PIN pads you purchase for SpeedLine come pre-configured for your payment processor, with the encryption key injection complete.
You may find these readers online at a lower price, but typically they do not come configured for your payment processor like the readers from SpeedLine do. Once you receive your PIN pads from a third-party store, you would have to pay to ship them to and from an encryption key injection facility, provide the correct encryption information, and pay a fee per device for the key injection. This is not required when you order directly from SpeedLine.