North American Bancard: Bringing Passion Back to the Hospitality Industry

In the current food and beverages (F&B) sector, businesses are adopting tech-driven tools to regain its pre-pandemic revenue levels. From a payments perspective, having a robust and user-friendly point of sales (POS) system has become a top priority as customers expect a relaxing, stress-free dining experience.

Helping restaurants achieve just that with its restaurant POS systems and credit card processing services is North American Bancard (NAB). Its core mission is to help F&B sector follow its cooking ambition by simplifying payment processes for extremely busy, overwhelmed, short-staffed, and financially pressurized restaurants. NAB creates an easy and efficient business flow for luxury and quick service restaurants, seasonal vendors, and hospitality merchants through its product engineering, sales, and support prowess, powered by machine learning and artificial intelligence-infused technology.

NAB is the 6th largest non-bank merchant acquirer and an expert in the payments industry with knowledge of data security, buyer-wall technology, and Payment Card Industry Data Security Standard compliance. Its comprehensive tech stack, combined with the benefits offered through Electronic Payment Exchange (EPX), its own internal payment processor, gives NAB its reputation today.

The F&B sector is experiencing a mass influx of data from diverse and wide-ranging technology deployments. This results in data fatigue for operators and disrupts a business's headwind. At the same time, the inflation and limitation of operative resources are impacting a restaurant's financial volatility, supply chain, and menu prices. NAB supports its clients by overcoming these hurdles with its data tools and POS assets. The solutions analyze the uncertainty of the economy and the staffing, labor, and profit margins of a business without overwhelming the owner or staff with large amounts of unstructured data.

"Our hospitality technology tools and POS assets enable hoteliers to perform predictive analytics and gain operational insights by investing in cost-efficient and data-driven strategies," states Eric Yusefzadeh, General Manager of Hospitality, NAB.

NAB delivers reliable payment avenues in an era of abundant cyber threats, so businesses feel secure while broadening its data depth and deploying tech tools. It has a centralized data hub where sensitive payment and transactional information across a business's assets are collected, allowing cost-effective and safer analytics.