Restaurants Payments

Increase Your Restaurant's Profitability with QR Code Payment Systems

Roopak Chadha
August 12, 2024
1 mins

Table of Content

Once a novel tool, QR codes have become a mainstay in dining experiences. According to a 2021 study by Hospitality Technology, 37% of diners now prefer restaurants that offer digital menus over traditional paper ones. This shift indicates a broader trend towards streamlined, contactless dining solutions.

QR codes have been integrated into various aspects of dining, from exploring menus to settling bills, all with a simple scan from a smartphone. If you're a small restaurant planning to leverage this tool, by the end of this discussion, you'll know everything from why to use them and how to make the most out of them!

What Are QR Code Payments and Ordering?

QR codes are a digital medium that enables guests to access a restaurant's menu and complete their transactions with a smartphone scan.

QR code restaurant ordering tool first gained prominence in 2020 as a response to health and safety concerns. However, the utility of QR codes extends far beyond mere sanitation. They provide a smooth and easy service that comes in handy without needing a lot of staff.

For example, during rush hours or in smaller spots, QR code systems can take some load off the staff by letting customers handle their orders. 

Benefits of QR Code Payments for Restaurants

QR code restaurant payment brings modernization and convienence for both the restaraunt and customers. Here are more of their benefits:

  1. Improved Efficiency

As with QR codes, your staff doesn't need to be present at every table taking orders and assisting your customers; it frees you from shuffling between tables and the kitchen. Most of the tasks are expedited efficiently with technology with just a few clicks on your customer's phone. 

  1. Enhanced Customer Experience

Your customers desire a hassle-free experience, and that's what they get with QR codes. They can place their orders with the least effort while sitting at their tables, avoiding any rush or back-forth with the staff.

  1. Increased Revenue

With QR codes, small restaurants can achieve higher table turnover rates. Digital transactions speed up the dining process, letting guests finish and free up tables for others faster. Plus, you can showcase your special deals or highlight top-tier dishes so customers can spot them easily and increase your bottom line.

  1. Cost Savings

Adopting QR code payment restaurants reduces the need for printed menus and physical payment systems. You can update the menus in real-time without the cost of reprinting, and digital transactions often come with lower processing fees than traditional card payments. 

  1. Safety and Hygiene

In today's health-conscious world, minimizing physical contact remains a priority for many diners. QR codes help create a touch-minimal dining environment. Restaurants can reduce physical contact points and keep their spaces cleaner and safer for everyone involved.

  1. Streamlined Menu Management

With a digital menu, restaurants can alter offerings based on inventory, special promotions, or diner preferences. This flexibility allows for real-time updates and the ability to test new menu items or adjust descriptions based on customer feedback.

  1. Richer Menu Interactions

Digital menus enabled through QR codes can enhance how you present information to diners. Restaurants can add images, detailed descriptions, and even interactive elements such as meal customization options directly within the menu with QRs.

How can Restaurants Use QR Code?

It's not surprising how restaurants are integrating QR codes in the majority of their operations and streamlining everything. Here are some great points if you need inspiration, starting with QR codes:

  1. QR Code to Book Reservations

Diners can scan a QR code to fill out a reservation form right from their phones—whether they're standing outside the restaurant or planning from home. They don't necessarily need to visit the restaurant or stand in long lines for the same.

  1. QR Code Descriptive Menus for Restaurants 

Gone are the days of bulky menu cards. QR codes let diners access a digital menu directly on their smartphones. The best part is that restaurants can update their menus in real time, feature vibrant food images, and even provide detailed descriptions, which are not feasible in traditional print menus. 

  1. QR Codes for Digital Payments and Cheques

QR codes streamline the payment process by allowing customers to review and settle their bills directly from their tables. These dynamic QR code restaurant payments keep updating with each transaction, providing a secure and touch-free way to settle up.

  1. QR Codes to Get Customer Feedback

Immediate feedback is gold for any small restaurant striving to improve. QR codes make it super simple and subtle for customers to give feedback right before they head out. Just a quick scan of the QR code takes them to a feedback form where they can share their feedback.

  1. QR Codes for Promotion

QR codes in restaurants serve multiple purposes for promotion. 

  • Use them to link to your app or loyalty program, 
  • You can share promotions, 
  • Give out special coupons, 
  • Let them order through different ordering apps.
  1. QR Codes to Increase Footfall and Reach

You can link your social media accounts or website with your QR codes, and when your customers scan through the QR code, they will spot your socials, which will increase your reach. Placing these codes on tables or waiting areas can encourage guests to explore more about your restaurant while they dine or wait.

  1. QR Codes to Connect 24*7

QR codes make it easy for customers to get info any time they need, whether checking when the place opens, finding out about special events, or seeing if there's a sudden closure. 

QR Code Usage Checklist for Restaurant

  • QR Code for Reservations
  • Descriptive Digital Menus
  • QR Code Payment Systems
  • Customer Feedback Collection
  • Promotional Campaigns
  • Enhancing Social Media and Website Reach
  • 24/7 Information Access

How to Implement QR Code Payments in Your Restaurant

Here's a comprehensive guide on how to set up and integrate QR code payments effectively:

Setting Up QR Code Table Ordering Systems

To get started, deploy a QR code restaurant payment at each table. These codes can link directly to your digital menu, where customers can order and pay seamlessly. Begin by sourcing high-quality, durable QR code displays that stand up to the restaurant environment— water-resistant and tamper-proof. 

Choosing the Right Technology

When picking a QR code payment provider, go for one that easily fits your existing setup, especially your current POS system, and offers solid support. Make sure their system can manage lots of transactions safely and smoothly.

You'll also want to check out features like instant payment processing and detailed analytics that let you keep tabs on sales patterns and what your customers prefer.

Staff Training

Conduct training sessions to familiarize them with the process, from helping customers scan QR codes to handling the backend operations like order tracking and payment confirmation. Make sure every team member is comfortable with the system.

To promote the smooth adoption of the new system, maintain open lines of communication with your staff. Address any questions or concerns they may have and provide ongoing support as they get used to the new technology. 

Customer Education

Lastly, inform your customers about the new QR code payment option. Use clear signage, social media posts, and tableside information to explain how the system works. 

Training your staff to assist first-time users can also help ease the transition for your customers. Make sure the instructions are straightforward—scan, order, enjoy—so everyone can appreciate the convenience of QR code ordering and payments.

How QR Ordering Boosts Your Bottom Line

Here's a closer look at how these systems are making a positive impact:

Improved Table Turnover Rate

One of the greatest benefits of QR code restaurant payment is the improved table turnover rate. Your customers don't want to line up for hours browsing the menu and placing their orders. They want quick, convenient services- exactly what QR code serves. 

They can quickly scan and order, and upon ordering, their order goes straight to the kitchen without any manual hassles. This speeds up the entire serving process and lets you handle more customers daily with the least staff involved. 

Higher Average Order Value (AOV)

Small restaurants using QR code restaurant ordering often see a rise in the average order value. This increase is primarily because customers, browsing the menu at their own pace, are more likely to explore additional options and add-ons, such as appetizers, desserts, and upgraded sides. 

The digital format of the QRs makes it easy for you to cross-sell and upsell through prompts and attractive visuals of menu items. Moreover, customizable options allow guests to personalize their meals, adding features like extra toppings or premium ingredients, which also contribute to a higher spend per order.

Lower FOH Staff Costs

QR codes help restaurants save significant amounts of front-of-house labor costs. As everything is automated, you require less staff for your restaurant. You can do everything from taking orders to sharing the bill to collecting their payments with the QR. Shifting staff to focus more on food preparation and customer service can boost cost savings.

Improved Guest Experience

The convenience and control that QR ordering offers customers lead to an improved dining experience. Diners appreciate the autonomy of ordering at leisure without feeling rushed by a server waiting to take their order. Moreover, fast transactions mean that during busy periods, customers can enjoy a seamless experience without unnecessary delays.

What the Future Holds for US Restaurant Payments

The future of the US restaurant industry will see advanced technology integration to enhance customer and operational efficiency. 

Integration with Loyalty Programs

Personalization is key in modern marketing, and restaurants are not behind this trend. Using data collected from QR codes, restaurants can offer loyalty programs through personalized discounts and special deals that cater to customers' preferences and dining habits. 

Enhanced Data Analytics

QR codes unlock a wealth of restaurant data and offer a deeper understanding of customers' habits and preferences. You can learn about your customer preferences, frequency of orders, their ordering patterns, and more. This information will help you better align your services with customer expectations.

Expansion to Other Services

The utility of QR codes extends beyond in-house dining. There's significant potential for these codes to streamline operations in takeout and delivery services. For example, QR codes can confirm orders, gather customer feedback, and analyze dining durations. 

Wrapping Up

If you're not sure whether to switch to a QR code restaurant payment, try a balanced approach- offering both physical and QR code-based digital menus. With this hybrid strategy, you'll be able to catch up with the trend while also preventing the alienation of any customer group, whether they prefer the tactile feel of a physical menu or the convenience of digital access.

Looking to enhance your restaurant's payment system and increase operational efficiency? Consider OneHubPOS, your all-in-one solution for order management and diverse payment options. With OneHubPOS, you can offer your customers a variety of payment methods—from traditional card payments to modern mobile pay and QR codes—for a quick, secure, and convenient checkout process. 

Get in touch with us to understand why OneHubPOS is the only restaurant solution you need!

FAQs

Are QR code payments secure?

Yes, QR code payments are secure. They use encryption and tokenization to protect transaction data. So, there's less risk of fraud compared to traditional payment methods.

What are the costs associated with implementing QR code payments?

Costs can vary but generally include fees for QR code generation, integration with existing POS systems, and ongoing maintenance. Some providers may also charge transaction fees.

Do I need to download a specific app to use QR code ordering?

No, you don't need a specific app to use QR code ordering. Customers simply scan the QR code with their smartphone's camera to access the digital menu.

What if customers are not familiar with QR codes?

Restaurants can offer quick tutorials or display simple instructions on tables to help customers understand how to scan and use QR codes effectively.

Do QR code payments require internet access?

Yes, QR code payments need internet access to connect to the payment system and process transactions securely and efficiently.

AUTHOR
Roopak Chadha
Director of Business Development - OneHubPOS

Roopak Chadha, Director of Business Development with expertise in Business Growth & Strategy, Customer Success,  and Product Management. Excels in driving business growth through strategic planning, customer-centric approaches, and effective operational leadership.

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