Oracle announced the Oracle Food and Beverage Payment Cloud Service, as the accelerated use of digital payments has created more options for diners, but also complexity and cost for restaurants. With the service, restaurants in the US can now accept the latest in contactless payment options, including debit/credit cards and Apple Pay, Google Pay, and Samsung Pay, without hidden fees and unpredictable costs. Unlike some other solutions on the market, Payment Cloud Service offers transparent, fixed fee rate pricing with no long-term contract or monthly minimum requirements.

And as the service runs on Oracle Cloud Infrastructure (OCI), it has high security standards, end-to-end encryption, and is PCI/DSS compliant. This means restaurants can give their customers choice in how they pay, all while operating with predictable payment processing costs that support a healthier bottom line.