Improving Restaurant Efficiency with the Most Advanced Payment System

Technology that is rapidly growing in today's era has led business owners to compete in innovating their business systems. This is expected to simplify business activities and operations. Business owners from various sectors certainly want their business activities to run effectively and efficiently, so that time, energy, and costs can be optimally utilized to develop the business.

Among the rapidly growing technologies and trends, today is technology in payment systems.

What is Payment System Technology?

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Payment System Technology is a system that regulates and executes the entire fund transfer process to complete financial transactions. This includes:

- Rules: Main rules governing how financial transactions are conducted, such as security and legality rules.

- Institutions: Institutions involved in the payment process, such as banks, clearing institutions, and financial service providers.

- Mechanisms: Procedures and infrastructure for fund transfers, such as inter-account transfers, card payments, and electronic wallets.

Certainly, people like payment systems that are easy, practical, and fast in every transaction. One of the technologies in payment systems that is increasingly favored and chosen by the public is the cashless payment system.

Implementation of Cashless Payment System in Restaurant Business

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Cashless payments have now become the most widely used payment system by business owners. Cashless payments eliminate the need for people to prepare physical cash whenever they want to make a payment. Not only that, cashless payments also make it easier for restaurant owners because they don't need to prepare change for buyers. This certainly can simplify and speed up transactions.

The cashless payment system means "without cash," in English, it is commonly referred to as a non-cash payment method to complete financial transactions. This cashless system replaces the use of paper money and coins with digital payment tools connected to your electronic funds.

The cashless payment culture in Indonesia has been growing significantly since 2014. Although the cashless culture has not completely replaced cash in Indonesia, the trend shows a significant increase. The growing cashless payment culture in the community must be balanced with well-integrated bookkeeping systems by business owners.

Source: ESB

Financial bookkeeping processes become an indispensable process for business players. Restaurant owners should consider using technology in their financial bookkeeping processes. Currently, there are many technology-based companies offering cashier or point-of-sale applications ranging from product ordering, payment acceptance, and transaction recording, to financial bookkeeping.

Business players need to be careful in choosing the best technology bookkeeping provider in terms of cost, offered features, and ease of use, so that it can be adjusted to the needs of business players.

ESB as a technology application provider company is designed to help all parties in the restaurant ecosystem, from employees, and suppliers, to restaurant owners.

One of the features offered by ESB is an integrated online cashier application. ESB POS itself is a series of Online Cashier applications that connect ordering, kitchen, food running, cashier, and customers in a semi/full-automatic flow. The all-in-one POS system helps outlets or restaurants automate the sales process most efficiently.

ESB POS payment system itself is already connected to various third-party applications such as QRIS payment, OVO, Dana, LinkAja, and Gopay.

ESB has received recognition from well-known and largest brands in Indonesia, ranging from Auntie Anne’s, Dailybox, Denny's Diner, to Boga Kitchen. In a short period since its establishment, this company has been trusted by thousands of outlets as a payment system solution.