Partner Wallet Credit System
G9 Smart Menu present flexible as well as affordable payment model
A Partner Wallet Credit System is an innovative and flexible payment model that allows restaurant owners to choose how they handle platform fees for using G9 Smart Menu POS software services.
It’s a prepaid credit system: Restaurant Owners recharge a digital wallet with a minimum amount of Rs 500.
Platform fees are deducted from this wallet on a per-bill basis.
Alternatively, the restaurant can opt for a free plan where fees are charged to the end customer instead.
This approach gives restaurant owners flexibility in how they manage costs, depending on their business model and customer preferences.
Key Features of a Partner Wallet Credit System:
- Prepaid Model: Restaurants load a wallet with credits to cover platform fees.
- Fees are deducted as bills are generated.
- Fee Per Bill: Platform charges a fixed based fee per bill according to subscription plan.
- Transparent fee structure ensures predictability for owners.
- Free Plan Option: Restaurant owners can use the platform without upfront costs.
- Platform fees are charged to the end customer instead (e.g., added as a service fee or convenience fee on a bill).
- Minimum Recharge: The platform sets a minimum wallet recharge amount to maintain a balance for transaction processing.
- Credit Top-Up Alerts: Restaurants are notified when wallet credits are low, ensuring uninterrupted service.
- Detailed Reporting: Owners can track wallet usage, fees deducted, and remaining balance.
- Flexibility in Cost Management: Owners can choose between absorbing the fees (via wallet recharge) or passing them on to customers.
Benefits for Restaurant Owners:
- Cost Control: Pay only for what you use —fees are charged per transaction, avoiding large Yearly Subscription fees.
- Flexibility: Owners can decide whether to recharge the wallet and cover platform fees or pass costs to customers.
- Transparency: Clear, itemized deductions from the wallet ensure no hidden charges.
- Scalability: Works well for restaurants of any size, from single outlets to multi-location franchises.
- Customizable Business Model: Offers flexibility to tailor cost absorption strategies (e.g., higher-end restaurants might absorb fees, while budget-focused ones might pass them on)
How the Free Plan Works:
- Platform Charges End User: A small service fee is added to the customer’s bill when they make a payment.
- For example, if a customer’s bill is Rs500, an additional Rs1 as a service fee might be added.
- Transparency: Customers are informed of the additional charge upfront, avoiding misunderstandings.
- Ideal for Small Businesses: Small or new restaurants with tighter budgets can use the platform without committing upfront costs.
