GoTab Closes $18M Series A Led by Truist Ventures
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When a guest initiates an order with a credit card, GoTab performs an automatic authorization, locking the funds equivalent to the outstanding balance.
Each time the guest places a new order, GoTab repeats the authorization process, ensuring that the funds for that specific order are securely reserved.
Our step-by-step authorization approach guarantees that you collect the necessary funds before proceeding with order fulfillment.
Operators have the flexibility to add or remove this feature for customer-initiated orders, server-initiated orders, or all orders through a simple update in GoTab Manager Dashboard.
When a guest initiates an order with a credit card, GoTab performs an automatic authorization, locking the funds equivalent to the outstanding balance.
Each time the guest places a new order, GoTab repeats the authorization process, ensuring that the funds for that specific order are securely reserved.
This step-by-step approach guarantees that you collect the necessary funds before proceeding with order fulfillment.
Operators have the flexibility to add or remove this feature for customer-initiated orders, server-initiated orders, or all orders through a simple update in GoTab Manager Dashboard.
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Most operators already have procedures to reduce the risk of walk-outs and other forms of payment losses. GoTab’s Insufficient Funds Protection is another tool to help mitigate the risk of losses due to insufficient funds and other card payment failures.
Minimize losses due to failed payment issues, allowing your staff to focus on providing exceptional service, and ensuring payment for every order before it is fulfilled.
Each new guest order triggers an authorization for the associated charge, ensuring necessary funds are locked from being used for a different purchase.
Access comprehensive reporting and analytics to gain insights into your revenue protection efforts, allowing for data-driven optimizations.
By seamlessly integrating Insufficient Funds Protection within the GoTab Manager Dashboard, you'll experience a newfound level of operational efficiency. Your staff can concentrate on providing exceptional service while the system diligently safeguards your revenue.
Complement existing walk-out and insufficient funds procedures with no additional effort.
GoTab helps you secure the payment amount of food & beverage orders at the time the order is submitted.
Add or remove for customer-initiated orders, server-initiated orders, through a simple update.
Ready to experience GoTab for yourself? Sign up for a free demo and get qualified to receive a complimentary meal on us!
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