Payment Processing Through The Eyes Of The Restaurant & Foodservice Industry

Payment Processing Through The Eyes of THE RESTAURANT & FOODSERVICE INDUSTRY Liquor Sales by Category Total Liquor Sales by Location WINE 734.6 SPIRITS 628.8 CIDER/ COOLERS BEER 105.0 937.3 Rural Agency Stores Counter Sales Licensee Licensee Retail Stores Sales BC Liquor Stores 9981 816.0 92.6 388.8 (Millions) Year-to-date in millions Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools. Foodservice Sales by Category Full-Service Restaurants Self-Service Cafeterias Economic Impact Cafés/Bars Street Stalls/Kiosks 100% Home Delivery Fast Food Every dollar spent at a restaurant generates an additional $1.85 in spending in the rest of the economy - well above the average for all industries in Canada Canada's restaurant and foodservice industry employs more than one million people, generates $60 billion in annual sales and accounts for 4% of the national economy. Every one million dollars in restaurant sales creates nearly 27 jobs, making foodservice one of the top five job creators in Canada. Commercial Foodservice $7,503.4 SALES $48,181.9 $28,645 AVERAGE (Millions) PROFIT $26,890 $698,409 AVERAGE UNIT VOLUME $611,143 ০.2% BANKRUPTCY Commercial foodservice includes full-service CLOSED restaurants, full-service restaurants, caterers and RATE 0.7% bars but excludes non-commercial foodservice. Foodservice Payment Solutions Consumers have a right to expect payments at the counter to be fast and efficient, and to speed them through the payment process. Line-ups and long wait times can be frustrating and discourage consumers from returning. Pay-at-the-Counter Today consumers are no longer as willing to hand over their cards and have it taken out of sight due to the increasing concerns over card fraud and identity theft. Payment at the table adds convenience and peace of mind for the consumer. Pay-at-the-Table Home delivery for food service is increasing. Consumers demand the flexibility of being able to order from their favorite restaurant and have it delivered to their door. At the same time, consumers want the option to pay the same way they would if they were receiving table service. Pay-at-the-Door Whether at trade-shows, parking lots, or anywhere else traditional payment terminals are not readily available, consumers desire the same options for payment processing. Virtual credit card terminals using mobile devices, allow the consumer to have more payment options regardless of their location, without sacrificing their security. Pay-ANYWHERE SOURCE: Euromonitor International from statistics, trade associations, trade press, company research, trade interviews, trade sources, Statistics Canada, CRFA's Long Term Forecast and ReCount/NDP Group Payfirma. www.payfirma.com Payment Processing Through The Eyes of THE RESTAURANT & FOODSERVICE INDUSTRY Liquor Sales by Category Total Liquor Sales by Location WINE 734.6 SPIRITS 628.8 CIDER/ COOLERS BEER 105.0 937.3 Rural Agency Stores Counter Sales Licensee Licensee Retail Stores Sales BC Liquor Stores 9981 816.0 92.6 388.8 (Millions) Year-to-date in millions Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools. Foodservice Sales by Category Full-Service Restaurants Self-Service Cafeterias Economic Impact Cafés/Bars Street Stalls/Kiosks 100% Home Delivery Fast Food Every dollar spent at a restaurant generates an additional $1.85 in spending in the rest of the economy - well above the average for all industries in Canada Canada's restaurant and foodservice industry employs more than one million people, generates $60 billion in annual sales and accounts for 4% of the national economy. Every one million dollars in restaurant sales creates nearly 27 jobs, making foodservice one of the top five job creators in Canada. Commercial Foodservice $7,503.4 SALES $48,181.9 $28,645 AVERAGE (Millions) PROFIT $26,890 $698,409 AVERAGE UNIT VOLUME $611,143 ০.2% BANKRUPTCY Commercial foodservice includes full-service CLOSED restaurants, full-service restaurants, caterers and RATE 0.7% bars but excludes non-commercial foodservice. Foodservice Payment Solutions Consumers have a right to expect payments at the counter to be fast and efficient, and to speed them through the payment process. Line-ups and long wait times can be frustrating and discourage consumers from returning. Pay-at-the-Counter Today consumers are no longer as willing to hand over their cards and have it taken out of sight due to the increasing concerns over card fraud and identity theft. Payment at the table adds convenience and peace of mind for the consumer. Pay-at-the-Table Home delivery for food service is increasing. Consumers demand the flexibility of being able to order from their favorite restaurant and have it delivered to their door. At the same time, consumers want the option to pay the same way they would if they were receiving table service. Pay-at-the-Door Whether at trade-shows, parking lots, or anywhere else traditional payment terminals are not readily available, consumers desire the same options for payment processing. Virtual credit card terminals using mobile devices, allow the consumer to have more payment options regardless of their location, without sacrificing their security. Pay-ANYWHERE SOURCE: Euromonitor International from statistics, trade associations, trade press, company research, trade interviews, trade sources, Statistics Canada, CRFA's Long Term Forecast and ReCount/NDP Group Payfirma. www.payfirma.com Payment Processing Through The Eyes of THE RESTAURANT & FOODSERVICE INDUSTRY Liquor Sales by Category Total Liquor Sales by Location WINE 734.6 SPIRITS 628.8 CIDER/ COOLERS BEER 105.0 937.3 Rural Agency Stores Counter Sales Licensee Licensee Retail Stores Sales BC Liquor Stores 9981 816.0 92.6 388.8 (Millions) Year-to-date in millions Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools. Foodservice Sales by Category Full-Service Restaurants Self-Service Cafeterias Economic Impact Cafés/Bars Street Stalls/Kiosks 100% Home Delivery Fast Food Every dollar spent at a restaurant generates an additional $1.85 in spending in the rest of the economy - well above the average for all industries in Canada Canada's restaurant and foodservice industry employs more than one million people, generates $60 billion in annual sales and accounts for 4% of the national economy. Every one million dollars in restaurant sales creates nearly 27 jobs, making foodservice one of the top five job creators in Canada. Commercial Foodservice $7,503.4 SALES $48,181.9 $28,645 AVERAGE (Millions) PROFIT $26,890 $698,409 AVERAGE UNIT VOLUME $611,143 ০.2% BANKRUPTCY Commercial foodservice includes full-service CLOSED restaurants, full-service restaurants, caterers and RATE 0.7% bars but excludes non-commercial foodservice. Foodservice Payment Solutions Consumers have a right to expect payments at the counter to be fast and efficient, and to speed them through the payment process. Line-ups and long wait times can be frustrating and discourage consumers from returning. Pay-at-the-Counter Today consumers are no longer as willing to hand over their cards and have it taken out of sight due to the increasing concerns over card fraud and identity theft. Payment at the table adds convenience and peace of mind for the consumer. Pay-at-the-Table Home delivery for food service is increasing. Consumers demand the flexibility of being able to order from their favorite restaurant and have it delivered to their door. At the same time, consumers want the option to pay the same way they would if they were receiving table service. Pay-at-the-Door Whether at trade-shows, parking lots, or anywhere else traditional payment terminals are not readily available, consumers desire the same options for payment processing. Virtual credit card terminals using mobile devices, allow the consumer to have more payment options regardless of their location, without sacrificing their security. Pay-ANYWHERE SOURCE: Euromonitor International from statistics, trade associations, trade press, company research, trade interviews, trade sources, Statistics Canada, CRFA's Long Term Forecast and ReCount/NDP Group Payfirma. www.payfirma.com Payment Processing Through The Eyes of THE RESTAURANT & FOODSERVICE INDUSTRY Liquor Sales by Category Total Liquor Sales by Location WINE 734.6 SPIRITS 628.8 CIDER/ COOLERS BEER 105.0 937.3 Rural Agency Stores Counter Sales Licensee Licensee Retail Stores Sales BC Liquor Stores 9981 816.0 92.6 388.8 (Millions) Year-to-date in millions Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools. Foodservice Sales by Category Full-Service Restaurants Self-Service Cafeterias Economic Impact Cafés/Bars Street Stalls/Kiosks 100% Home Delivery Fast Food Every dollar spent at a restaurant generates an additional $1.85 in spending in the rest of the economy - well above the average for all industries in Canada Canada's restaurant and foodservice industry employs more than one million people, generates $60 billion in annual sales and accounts for 4% of the national economy. Every one million dollars in restaurant sales creates nearly 27 jobs, making foodservice one of the top five job creators in Canada. Commercial Foodservice $7,503.4 SALES $48,181.9 $28,645 AVERAGE (Millions) PROFIT $26,890 $698,409 AVERAGE UNIT VOLUME $611,143 ০.2% BANKRUPTCY Commercial foodservice includes full-service CLOSED restaurants, full-service restaurants, caterers and RATE 0.7% bars but excludes non-commercial foodservice. Foodservice Payment Solutions Consumers have a right to expect payments at the counter to be fast and efficient, and to speed them through the payment process. Line-ups and long wait times can be frustrating and discourage consumers from returning. Pay-at-the-Counter Today consumers are no longer as willing to hand over their cards and have it taken out of sight due to the increasing concerns over card fraud and identity theft. Payment at the table adds convenience and peace of mind for the consumer. Pay-at-the-Table Home delivery for food service is increasing. Consumers demand the flexibility of being able to order from their favorite restaurant and have it delivered to their door. At the same time, consumers want the option to pay the same way they would if they were receiving table service. Pay-at-the-Door Whether at trade-shows, parking lots, or anywhere else traditional payment terminals are not readily available, consumers desire the same options for payment processing. Virtual credit card terminals using mobile devices, allow the consumer to have more payment options regardless of their location, without sacrificing their security. Pay-ANYWHERE SOURCE: Euromonitor International from statistics, trade associations, trade press, company research, trade interviews, trade sources, Statistics Canada, CRFA's Long Term Forecast and ReCount/NDP Group Payfirma. www.payfirma.com Payment Processing Through The Eyes of THE RESTAURANT & FOODSERVICE INDUSTRY Liquor Sales by Category Total Liquor Sales by Location WINE 734.6 SPIRITS 628.8 CIDER/ COOLERS BEER 105.0 937.3 Rural Agency Stores Counter Sales Licensee Licensee Retail Stores Sales BC Liquor Stores 9981 816.0 92.6 388.8 (Millions) Year-to-date in millions Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools. Foodservice Sales by Category Full-Service Restaurants Self-Service Cafeterias Economic Impact Cafés/Bars Street Stalls/Kiosks 100% Home Delivery Fast Food Every dollar spent at a restaurant generates an additional $1.85 in spending in the rest of the economy - well above the average for all industries in Canada Canada's restaurant and foodservice industry employs more than one million people, generates $60 billion in annual sales and accounts for 4% of the national economy. Every one million dollars in restaurant sales creates nearly 27 jobs, making foodservice one of the top five job creators in Canada. Commercial Foodservice $7,503.4 SALES $48,181.9 $28,645 AVERAGE (Millions) PROFIT $26,890 $698,409 AVERAGE UNIT VOLUME $611,143 ০.2% BANKRUPTCY Commercial foodservice includes full-service CLOSED restaurants, full-service restaurants, caterers and RATE 0.7% bars but excludes non-commercial foodservice. Foodservice Payment Solutions Consumers have a right to expect payments at the counter to be fast and efficient, and to speed them through the payment process. Line-ups and long wait times can be frustrating and discourage consumers from returning. Pay-at-the-Counter Today consumers are no longer as willing to hand over their cards and have it taken out of sight due to the increasing concerns over card fraud and identity theft. Payment at the table adds convenience and peace of mind for the consumer. Pay-at-the-Table Home delivery for food service is increasing. Consumers demand the flexibility of being able to order from their favorite restaurant and have it delivered to their door. At the same time, consumers want the option to pay the same way they would if they were receiving table service. Pay-at-the-Door Whether at trade-shows, parking lots, or anywhere else traditional payment terminals are not readily available, consumers desire the same options for payment processing. Virtual credit card terminals using mobile devices, allow the consumer to have more payment options regardless of their location, without sacrificing their security. Pay-ANYWHERE SOURCE: Euromonitor International from statistics, trade associations, trade press, company research, trade interviews, trade sources, Statistics Canada, CRFA's Long Term Forecast and ReCount/NDP Group Payfirma. www.payfirma.com Payment Processing Through The Eyes of THE RESTAURANT & FOODSERVICE INDUSTRY Liquor Sales by Category Total Liquor Sales by Location WINE 734.6 SPIRITS 628.8 CIDER/ COOLERS BEER 105.0 937.3 Rural Agency Stores Counter Sales Licensee Licensee Retail Stores Sales BC Liquor Stores 9981 816.0 92.6 388.8 (Millions) Year-to-date in millions Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools. Foodservice Sales by Category Full-Service Restaurants Self-Service Cafeterias Economic Impact Cafés/Bars Street Stalls/Kiosks 100% Home Delivery Fast Food Every dollar spent at a restaurant generates an additional $1.85 in spending in the rest of the economy - well above the average for all industries in Canada Canada's restaurant and foodservice industry employs more than one million people, generates $60 billion in annual sales and accounts for 4% of the national economy. Every one million dollars in restaurant sales creates nearly 27 jobs, making foodservice one of the top five job creators in Canada. Commercial Foodservice $7,503.4 SALES $48,181.9 $28,645 AVERAGE (Millions) PROFIT $26,890 $698,409 AVERAGE UNIT VOLUME $611,143 ০.2% BANKRUPTCY Commercial foodservice includes full-service CLOSED restaurants, full-service restaurants, caterers and RATE 0.7% bars but excludes non-commercial foodservice. Foodservice Payment Solutions Consumers have a right to expect payments at the counter to be fast and efficient, and to speed them through the payment process. Line-ups and long wait times can be frustrating and discourage consumers from returning. Pay-at-the-Counter Today consumers are no longer as willing to hand over their cards and have it taken out of sight due to the increasing concerns over card fraud and identity theft. Payment at the table adds convenience and peace of mind for the consumer. Pay-at-the-Table Home delivery for food service is increasing. Consumers demand the flexibility of being able to order from their favorite restaurant and have it delivered to their door. At the same time, consumers want the option to pay the same way they would if they were receiving table service. Pay-at-the-Door Whether at trade-shows, parking lots, or anywhere else traditional payment terminals are not readily available, consumers desire the same options for payment processing. Virtual credit card terminals using mobile devices, allow the consumer to have more payment options regardless of their location, without sacrificing their security. Pay-ANYWHERE SOURCE: Euromonitor International from statistics, trade associations, trade press, company research, trade interviews, trade sources, Statistics Canada, CRFA's Long Term Forecast and ReCount/NDP Group Payfirma. www.payfirma.com