Enhanced Credit Surcharge Solution
Tabit introduced a new, more accurate and compliant way to handle credit processing fees, that replaces the previous credit fee and cash discount model.
Before: Restaurants could only apply credit surcharges to the ordered items, which left them covering fees for other payment components, such as taxes and additional fees.
Now: The new solution offers the following key benefits and improvements -
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Card Identification: The system now identifies whether the card is a debit or credit card, ensuring that debit cards ado not have credit surcharges applied, in compliance with regulations.
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Comprehensive Fee Calculation: Credit surcharges are now calculated based on the total order, not just the subtotal. This includes auto gratuity, any other fees, and taxes, and does not include tips.
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Tax Rule Application: You can apply credit surcharge tax rules, both exclusive and inclusive.
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Payment Method Adjustments: The credit surcharge is automatically removed from cash, debit, and other non-credit payment methods, eliminating the need for cash discounts.
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Dual Totals: A card total and a cash total is displayed on all PAD views and documents, enhancing transparency.
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Accurate Reporting: Reports will now show the actual fees charged, rather than reflecting cash discounts.
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Refund Transactions: Credit surcharge can be refunded only if it was initially applied to the payment
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Please refer to the related articles below:
Updates to the new Tabit Shift configuration page
The Tabit Shift configuration page has been updated, making it easier to understand and providing more control over certain settings