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re: 3% Credit Card Fee

Posted on 2/2/24 at 5:37 pm to
Posted by More beer please
Member since Feb 2010
45302 posts
Posted on 2/2/24 at 5:37 pm to
quote:

That's usually against the ToS of their credit card processing provider


Some states have laws against it. Currently Louisiana does not.

quote:

Maybe things have changed or they don't care but it's a cost of doing business and seems petty to pass it down to the consumer


A lot of businesses are doing it, especially restaurants, with margins getting tighter. So either they are going to hide it and have a price increase, while others choose to charge the client and be upfront about it.
Posted by Finch
Member since Jun 2015
3379 posts
Posted on 2/3/24 at 6:30 am to
quote:

A lot of businesses are doing it, especially restaurants, with margins getting tighter. So either they are going to hide it and have a price increase, while others choose to charge the client and be upfront about it.


I think a price increase is more upfront than hitting you with it on the back end like it’s a tax
Posted by PeteRose
Hall of Fame
Member since Aug 2014
17109 posts
Posted on 2/3/24 at 7:26 am to
quote:

A lot of businesses are doing it, especially restaurants, with margins getting tighter. So either they are going to hide it and have a price increase, while others choose to charge the client and be upfront about it.


Either way, the customers always end up eating the cost. We hear increase food cost, rent, utility, whatever. All passed down to the customers. Then the state’s got to get their cut. On top of that, customers expected to pay 20% tip of inflated costs + cc fees + taxes. Call me poor, but I pretty much eliminated eating out because I don’t feel like I’m getting my money’s worth.
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