Andra Constantinovici
29 Jun 2022 / 5 Min Read
The Oracle Food and Beverage Payment Cloud Service are meant to provide restaurants in the US the choice to accept various options in contactless payments, including debit/credit cards and Apple Pay, Google Pay, and Samsung Pay, without hidden fees.
Payment Cloud Service offers fixed fee rate pricing with no long-term contract or monthly minimum requirements, according to the press release issued by the company. The service runs on Oracle Cloud Infrastructure (OCI), it has high security standards, end-to-end encryption, and is PCI/DSS compliant. Restaurants can offer their customers several payment options, while operating with predictable payment processing costs that support a better bottom line.
Oracle is working with fintech platform Adyen to bring Oracle Payment Cloud Service to market with a fixed rate pricing model that enables restaurant owners to predict transaction costs, regardless of the payment method used. There are no additional service or convenience fees, and no commitment to a long-term contract or monthly minimums, the press release explains. This means businesses only pay for the services they use as their business grows.
Andra Constantinovici
29 Jun 2022 / 5 Min Read
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