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Click here to purchase the CheXplit
software or to
learn more about how CheXplit can increase
your revenue. Credit Fraud is an issue that has become much more prevalent within the restaurant
industry. According to recent statistics, since 2005 almost 50% of all fraud occurs in restaurants and 70% of incidents are perpetrated by an employee. The CheXplit system gives the patron (instead of the employee) more control over the payment process thus providing for a more secure and efficient experience.
In an attempt to make traditional credit payments more secure, the new Payment Card Industry (PCI) standards can also have a crippling effect on your existing payment solution as well as your bottom-line.
The fines and fees associated with an old or
insecure payment solution can make or break your budget.
In addition to reducing costs and lowering your risk of fraud, splitting and paying the bill for a group of people can take up to 30 minutes depending on how many people are paying, the clarity of the bill, how many items were ordered, how busy the restaurant is, the sophistication of the existing technology at the restaurant, etc. Even if your existing POS system has the ability to split a check, it can be very difficult for a waitperson to remember what guest is paying for each order, how much they are each paying and what they are paying with (credit, cash, etc).
This time can cause a reduction in the amount of tables that are turned over as well as reduce the amount of time spent on service to other customers - both reflecting negatively on your establishment. While limiting check splitting may be more convenient for the restaurant, it can negatively affect a patron's decision to frequent a restaurant, instead patronizing a restaurant that allows the bill to be split in more convenient ways. The inability to attract large parties can result in a significant revenue loss for your establishment.
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| PAYMENT PROCESS |
AVERAGE |
CHEXPLIT |
| REQUEST YOUR CHECK |
1-10 MINUTES |
1-2
MINUTES |
| PRINT CHECK |
1-10 MINUTES |
NOT
REQUIRED |
| DELIVER CHECK |
1-10 MINUTES |
NOT REQUIRED |
| REVIEW / SPLIT CHECK |
1-15 MINUTES |
1-15 MINUTES |
| ORGANIZE CARDS,
CASH, ETC. |
1-15 MINUTES |
NOT REQUIRED |
| PROCESS PAYMENTS |
2-15 MINUTES |
1-15 MINUTES |
| DELIVER RECEIPTS |
1-5 MINUTES |
NOT REQUIRED |
| DELIVER CHANGE |
1-5 MINUTES |
NOT REQUIRED |
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Some of the many benefits of implementing the CheXplit system into your restaurant can be seen below.
Please submit your contact details at the
TOP of this page to learn more about how CheXplit can save you money and help boost your revenue.
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GREAT
RETURN ON INVESTMENT |
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Depending on your existing credit card sales volume and credit fees,
you could easily recover the full cost of the system within 1 year. In addition to cost savings, improving the efficiency of your payment process is likely to increase your table turnover by 10%. Also, the added convenience and innovation of CheXplit is likely to increase the number of large parties to also help boost revenue. Ask one of our sales representatives to see if you qualify for our 2 year savings guarantee.
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COMPATIBILITY |
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Patrons do not have to download any special software and can use the CheXplit system from a large variety of mobile devices that can access the internet (cell phone, PDA, etc).
CheXout Systems, Inc. is also working with multiple Point of Sale vendors to provide an efficient and straightforward enhancement that can be easily integrated with your existing technology.
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SEAMLESS INTEGRATION |
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The traditional operations of a restaurant will only be slightly altered to implement the CheXplit System. The task by a waitperson to present a check to a guest that is ready to pay is replaced with the execution of a function that automatically downloads the check details for a specific table to a mobile computing device. The mobile computing device is then reviewed by the patrons at the table to begin the payment process.
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NO NEW HARDWARE |
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CheXplit uses the existing cellular infrastructure to communicate with your Point of Sale system. This means that a dedicated wireless network is not required and patrons can use their own cell phone instead of an expensive custom mobile
device that you have to maintain. The technology can be managed on a remote/hosted environment or it may be installed on your existing network.
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EASY TO LEARN & USE |
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The CheXplit system has been designed to be very intuitive so that little to no training is required for your staff. Brochures can be made available at each table and/or distributed by your hostess. Patrons can also view "Help" screens at every step of the process. The product website is also available for anyone that wants to review the current tips, tricks and frequently asked questions that have been posted by the online community.
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IMPROVED CUSTOMER SERVICE |
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You can allow your patrons to view and pay for their bill at any time, with little to no assistance from a waitperson. Receipts can be texted or emailed; patrons can earn rewards for using CheXplit and your patrons will be able to pay for their bill much faster than conventional methods. This all leads to a more satisfied customer and more time for your wait staff to serve other guests.
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SECURE INTERNET PAYMENT OPTIONS |
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Patrons using CheXplit on their internet enabled phone can use payment services such as PayPal, OboPay & MPayy to facilitate payments between each other or directly to your restaurant. Many more mobile payment solutions are also available and
CheXout Systems, Inc. will help you determine which options are the most appropriate for your region, demographic, etc.
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MORE SECURE CREDIT OPTIONS |
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Master Card PayPass, American Express ExpressPay, Visa
PayWave and Discover Zip are all examples of contactless payment solutions that are being integrated into new cell phones. Trials for this upcoming technology (Near Field Communication) are already underway at many public transit locations throughout the US and abroad. CheXplit will help your restaurant take advantage of this upcoming payment standard.
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SECURE PRE-PAID PAYMENT OPTIONS |
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Often used as a great way to manage a non-credit budget or a child's meal expenses, pre-paid account services are
only as valuable as your.
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SECURE
& ATTRACTIVE LOYALTY PROGRAMS |
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Pre-paid debit / gift
cards are subject
to the same fraudulent risks as credit
cards. CheXout Rewards
will allow you to benefit from a
generic, point-based loyalty program
that can simplify accounting,
maintenance and compliance requirements
that are associated to traditional gift
card programs. Custom,
brand-specific programs can also be
created through CheXplit to support
short-term, long-term & recurring
promotions. |
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REDUCE CREDIT CARD FRAUD |
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Even as new PCI standards are being implemented, credit fraud remains highest in restaurants than in any other merchant category. Allowing your customers to use their mobile phone to access alternative forms of payment such as Near Field Communication (contactless payments), internet payment accounts and stored value/pre-paid account services can significantly reduce your risk of credit fraud.
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