Restaurant Electronic Funds Transfer

Transaction Processing

Maitre’D’s Electronic Funds Transfer module allows us to communicate directly with various financial institutions to authorize credit and debit card transactions. Typing errors are reduced to a minimum by eliminating double entries when using the Maitre’D EFT module. This module can also determine the sales for each card type, credit or debit.

Electronic Funds Transfer Overview

The Back Office manages all authorization requests for the restaurant and only one communication line is required. The accumulation of the credit card data in real time for daily consolidation is configured in such a way as to assure that accounting procedures are completed with the least amount of time required. The Maitre’D Back Office can process up multiple transactions simultaneously.

EFT Provides Secure Transactions

Maitre’D supports most industry standard EFT devices (See our Partner Guide for certified EFT partners). Using a secure Internet connection, transactions can be processed and approved almost instantly, ensuring that guests do not have a long wait to pay for their checks. Moreover, Maitre’D is fully compliant with PA PCI DSS standards.Maitre’D supports most industry standard EFT devices (See our Partner Guide for certified EFT partners). Using a secure Internet connection, transactions can be processed and approved almost instantly, ensuring that guests do not have a long wait to pay for their checks. Moreover, Maitre’D is fully compliant with PA PCI DSS standards.

Batch Management

All EFT transactions are recorded and stored as batches. Batches can be closed at any time of the day and a multiple number of batches can be closed in one day.

EFT Reporting

A number of EFT reports allow restaurants to analyze EFT transactions, such as sales per type of payment and per terminal, the number of returns, and much more in order to help better manage payments.

Contact Us