Electronic Funds Transfer

Processing Transactions

With our Electronic Funds Transfer (EFT) module, we are able to communicate with a financial institution in order to authorized credit and debit card transactions. By doing so, typing errors are limited by eliminating double entries. Our reports can also be used to determine the sales for each credit and debit card type.

An Overview of EFT

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.

Instant 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.

Managing Batches

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.