This article is part of NRN’s guide to mobile payment and ordering for the restaurant industry.
March 31, 2014
.svg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale "Nation's Restaurant News")
Unfamiliar terms may crop up as restaurant operators discuss deploying a mobile-friendly ordering and/or payment system for their brands. Here are definitions for some of the most common:
Application program interface, or API: A set of routines, protocols and tools for building software applications that is used to get one program to talk with another.
Loyalty progression: A customer’s progress toward loyalty rewards, given that mobile payments make it easier to track customer orders and offer rewards.
Merchant analytics dashboard: A single location where the data collected from mobile payments is displayed for business owners and managers to review and analyze.
No chargeback guarantee: A promise by the app provider not to charge the...
This content is available for registered users
Already Subscribed?
