Top Restaurant Merchant Account Providers

Overview

Restaurant credit card processing is an incredibly specialized industry addressing a wide variety of merchant needs. From one-register food trucks to national chains, the diversity of restaurant payment processing environments means that there is no single best provider for all restaurant types. Some locations may need a single iPad POS, while others might require hundreds of traditional countertop terminals. The sheer number of possibilities can make it tough for you to settle on a single option for your business.

To help with your search, we’ve compiled the following list of the best restaurant credit card processors. These providers offer restaurant POS software and hardware in addition to fair, transparent pricing and positively reviewed customer service. Some of them are ideal low-cost choices for small mom and pop locations, while others offer scalable options for large and growing food service enterprises. Be sure to check out each company’s product and service offerings before giving them a call to make sure they’re the best fit for you.

Why These Providers

Fattmerchant

Active since early 2014, Fattmerchant is a merchant account provider leading the industry’s move toward flat-rate, subscription-style pricing. The company’s products and services for restaurants include EMV-compatible countertop terminals, tablet-based POS integration for food trucks, a virtual terminal, an online payment gateway, an online shopping cart, mobile phone processing, QuickBooks integration, and an integrated dashboard for all payment methods. Fattmerchant is the exclusive payment processing partner for Dining Alliance, RestaurantLink, and Restaurant Purchasing Solutions.

Fattmerchant offers multiple pricing plans with different rates, but all of its plans charge a fixed monthly fee and a fixed per-transaction dollar amount above interchange. In other words, none of Fattmerchant’s plans charge a percentage-based fee on each transaction, meaning that merchants will not pay more to process a large transaction than they will a small transaction. Fattmerchant currently has an “A” rating on CPO and an “A+” rating with the Better Business Bureau.

For more information, visit the Fattmerchant website, or call (866) 397-9826.

Dharma Merchant Services

Based in San Francisco, Dharma Merchant Services is one of the highest-rated providers on CardPaymentOptions.com and is an excellent processor for most restaurant types. Dharma offers interchange-plus pricing with no early termination fees, annual fees, or monthly minimum fees, and it has consistently received positive testimonials from merchants since we first reviewed it in 2012.

To serve its restaurant merchants, Dharma is partnered with ShopKeep POS, a cloud-based iPad point-of-sale system that currently has an “A” rating on CardPaymentOptions.com. ShopKeep’s features include direct tableside service, order notes, check splitting, inventory management, employee management, customer relationship management, QuickBooks integration, and detailed reporting. By combining a Dharma Merchant Services merchant account with a ShopKeep point-of-sale system, you can enjoy excellent customer service and robust point-of-sale features at a very low cost. Our review of Dharma currently awards the company an “A+” rating, and the Better Business Bureau also assigns Dharma an “A+.”

For more information, see the Dharma Merchant Services Website or call (888) 404-1237.

Host Merchant Services

Host Merchant Services is a Newark, Delaware-based merchant account provider that is well-suited for most business types, including restaurants. The company’s products and services include point-of-sale solutions, online marketing tools, mobile credit card processing, gift and loyalty programs, and merchant cash advance. Host Merchant Services also offers a wide array of e-commerce solutions for restaurants that cater to special events.

Host Merchant Services has received only positive feedback on public forums, with most reviewers singling out the company’s customer service for praise. The company offers interchange-plus pricing with no early termination fees to all of its merchants, meaning that users will enjoy the most transparent pricing model and can cancel service without penalty. The BBB gives Host an “A+” rating, and CPO also gives the company an “A+.”

For more information, visit the Host Merchant Services website or call (888) 727-4538.

Shopify

Shopify is an e-commerce merchant services provider that also offers a robust POS option for brick-and-mortar retailers and restaurants. Shopify’s POS solution includes features like check splitting, gift card management, legacy terminal compatibility, offline processing, custom payment types, discounts, mobile checkout on iPad, cash float, QuickBooks integration, customer relationship management, inventory tracking, and add-on apps and plugins for a custom solution.

Restaurant owners should be aware that, as of this update, Shopify’s in-store POS solution does not support tipping. For this reason, it is best for restaurant locations that do not have a tip-based service element. Shopify currently has an “A” rating on CardPaymentOptions.com and an “A+” rating with the BBB.

For more information, see the Shopify Website.

Additional Options

SalesVu

Founded in 2007, SalesVu is an Austin, Texas-based software provider that has partnered with Mercury Payment Systems and Century Payments to offer a full POS system for iPad and iPhone. SalesVu’s free POS app comes with a free card reader and allows for Quickbooks integration, end-of-shift reports, labor tracking, social media promotion, recurring billing, barcode scanning, automated discounts, tip adjusting, split checks, and invoicing. The company’s service also comes with a free, customizable e-commerce website and telephone support. Merchants can either open a new merchant account with unique pricing through Mercury or Century or receive a match with their existing rates through SalesVu.

SalesVu currently receives an “A+” from CardPaymentOptions.com, and although the company does not have a Better Business Bureau profile at this time, the BBB profile for Mercury Payment Systems is showing an “A+” rating.

For more information, see the SalesVu Website.


If your company provides merchant account solutions for the restaurant industry, let us know in the comment section below or through our Contact page.

Hi, I’m Phillip and I’m disgusted by the state of credit card processing in the U.S. and abroad. I believe that the industry has been overrun by people who engage in fraud and deception in order to steal money from hard working business owners. I’ve made it my mission to expose the companies and individuals who engage in predatory marketing, pricing, and contracts, or just provide terrible service. Along with uncovering the bad guys, I’ve also discovered the good guys who do stand out from the status quo. CPO is a website where you will find ratings and reviews of these companies along with advice on how to save money and which service providers consider. Together we can move the industry in a positive direction. If you would like to help support my work, please checkout “Fee Sweep” my eGuide to getting the lowest possible fees when accepting card payments. If you haven’t heard of “interchange” this advice will save you hundreds, even thousands, in processing fees.

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