Lavu, a specialist in POS solutions for restaurants and bars that run on iOS-based mobile devices has selected PayPal to bring payment processing of EMV or traditional swipe credit and debit card payments to restaurants, bars, food trucks, and other food/beverage businesses nationwide.
Restaurant and bar owners often face high costs when processing customers’ credit and debit card transactions. Additionally, pricing structures can be opaque, confusing, and expensive, with fees that can ultimately equate to 4-5% of a customer’s total bill.
With this agreement, two leading commerce companies are joining forces to offer digital, cloud-based payment and POS systems at considerably less expense for restaurant owners. Lavu, pioneers of POS systems that are available for iPad via the Apple app store, has designed a software system to solve a persistent problem for restaurant and bar owners – an easy-to-use, digital POS system that could operate on an iPad vs. clunky, legacy hardware. PayPal has helped shape the payment market by helping merchants and consumers transact many places around the world, anytime, on many platforms and through just about any device.
PayPal will now be available to Lavu’s extensive portfolio of restaurants, bars and food trucks that generate billions of dollars in transactions annually. Additionally, Lavu can offer restaurant and bar owners EMV payment processing that is integrated with a clear and transparent pricing structure within its POS software, with no hidden fees.
Lavu is a worldwide leader of iPad POS systems for full-service, quick-service, and franchise restaurants. Founded in Albuquerque, N.M., and operating worldwide, Lavu Inc. began as a solution to common point of sale problems and restaurant industry issues. Today, Lavu Inc. offers Lavu iPad POS as a full-featured point of sale software solution at an industry-leading price. Through cloud computing, wireless mobility, and multi-touch devices, Lavu iPad POS redefines the entire approach to restaurant business management.
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