The Exchange is the collection of all restaurant owners, locations, and transactions using our technology. As the Exchange grows so do your benefits. Being a part of a larger group allows us to provide the best possible rates every day.
Our proprietary pricing technology is a performance-based pricing tool with protection. When you volume or the collective's volume is up, your price goes down. If volume goes down, you are protected by your reserve price -- you will never pay more.
We have analyzed over 10,000 restaurant statements to ensure your reserve price is as accurate as possible. Your reserve price is set at the most reasonable market rate which is usually below what other providers charge. This is the maximum transaction fee and is reduced using the Real-Time Pricing engine.
Daily you will receive a text with a summary of your saving from the prior day. You will also receive a link to your saving dashboard. This includes the total savings for the last 30 days as well as your daily reserve price vs pricing engine and savings.
TransparencyX monitors your daily settlement batches. If for some reason any batches are missed, you will be alerted. We want to make sure your money makes it to your bank.
Tracking and managing restaurant chargebacks are more important than ever. Our tracking system alerts you if your chargebacks are higher than normal. We are here to help and will assist with implementing prevention best practices.