The Electronic Funds Transfer (EFT) module allows Maitre’D to communicate with a financial institution and authorize credit and debit card transactions. By processing transactions using the Maitre’D EFT module, instead of a separate EFT system, typing errors are reduced to a minimum by eliminating double entry. Also, reports can be generated to determine the sales for each credit and debit card type.
TheBack Officemanagesall authorization requests for the restaurant and only one communication line is required. The accumulation ofthe credit card data in real time for daily consolidation is configured in such a way as to assurethat accounting procedures are completed with the least amount of time required. TheMaitre’D Back Officecan process up to 20 transactions simultaneously.
Maitre’D supportsmostindustry standard EFT devices. Using a secure Internet connection, transactions can be processed and approved in about 2 or 3 seconds, ensuring that guests do not have to wait a long time topayfor their checks. Moreover, Maitre’D 2005, Service Pack 1 is fully CISP compliant.
All EFT transactions are recorded and stored as batches. Batches can be closed at any time of the day and a multiple number ofbatches can be closed in one day.
A number of EFT reports allow restaurants to analyze EFT transactions, such as sales per media type
and per terminal, the number of returns, and much more in order to help better manage payments.