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Message
re: Restaurants charge a fee for credit card use
Posted on 8/2/19 at 11:22 am to zoemaxsam
Posted on 8/2/19 at 11:22 am to zoemaxsam
quote:
zoemaxsam
Where did this take place?
I don't see why a restaurant wouldn't build that into the price of the meal. I would imagine 80% of restaurant sales are done with plastic.
Maybe a mom and pop small restaurant(Moscas) or poboy shop can get away with this, I just don't see why a restaurant would tack on the 4% instead of building it in the menu price.
0
Posted on 8/2/19 at 11:27 am to bagboy333
quote:
I'm a millennial. I don't carry cash.
I was just in the epicenter of millennial culture in Portland and san fran and at least 50% of the places were cash only.
ETA: Granted, 20% of the places I went were dispensaries.
This post was edited on 8/2/19 at 11:31 am
Posted on 8/2/19 at 11:37 am to Mingo Was His NameO
quote:
That makes absolutely no sense.
Explain
Posted on 8/2/19 at 11:40 am to fightin tigers
quote:
Explain
I'd rather hear your explanation on how a flat fee would work.
Posted on 8/2/19 at 11:49 am to SmokedBrisket2018
Flat fee would be the cost to cover the transaction.
The idea that the restaurant has to cover the financing is double dipping, right?
Don't get me wrong, I understand why credit card companies do it. I think if this 4% starts getting tacked on rather than absorbed into the price it could start to change customer behavior.
The idea that the restaurant has to cover the financing is double dipping, right?
Don't get me wrong, I understand why credit card companies do it. I think if this 4% starts getting tacked on rather than absorbed into the price it could start to change customer behavior.
Posted on 8/2/19 at 12:03 pm to zoemaxsam
I don't frequent those places.
Posted on 8/2/19 at 12:19 pm to djc2350
quote:
If you were in business, you would not only understand but agree with this. If you allow no minimum purchase, the store would literally be losing money on small items.
I do own a business. My philosophy is to make transactions as frictionless as possible and not to nickel and dime my customers. CC fees are built into my prices. Why would I put up road blocks to customers giving me money?
Posted on 8/2/19 at 6:16 pm to zoemaxsam
Your server would rather you paid, and tipped, in cash.
Posted on 8/3/19 at 12:46 am to zoemaxsam
They should just bump the prices 4% and then give a 4% discount for cash, and cash payers would think they’re getting a bargain and card users wouldn’t think they’re getting ripped.
Posted on 8/3/19 at 7:02 am to colorchangintiger
quote:
My philosophy is to make transactions as frictionless as possible and not to nickel and dime my customers. CC fees are built into my prices. Why would I put up road blocks to customers giving me money?
I don’t disagree with this, but I think that many owners prefer cash and therefore prefer adding a little friction to get paid in cash. If you build it in there’s no motivation and if you simply give a cash discount less motivation then having it as an extra fee for CC payments.
People assume that CC’s are the future but I’m not convinced. Fee’s are at all time highs and many small mil and pop’s are paying 3% or close to it in fees. You can’t always just raise your price in every business.
Posted on 8/3/19 at 5:44 pm to zoemaxsam
It used to be illegal to do that. Not sure if things changed in the last 15 years but I worked for a credit card company and it was illegal back then. They had restaurants getting in trouble for it.
Posted on 8/4/19 at 4:29 pm to zoemaxsam
I haven't seen it at a restaurant yet, but have with small retail stores like antique shops. :(
Posted on 8/4/19 at 6:56 pm to Treacherous Cretin
quote:
Your server would rather you paid, and tipped, in cash.
I go back and forth on this. Servers only want cash because you can cheat on taxes. I hate paying taxes, so I agree with the servers on screwing Uncle Sam, but I also pay taxes, so if I have to, so do you.
Back to OP's point, it would be better from a PR standpoint if you listed prices for CCs, but offered a cash discount.
Posted on 8/4/19 at 8:20 pm to zoemaxsam
Fezzo’s in Lafayette has a 4% CC charge. It’s shown on the menu.
Posted on 8/5/19 at 8:05 am to zoemaxsam
(no message)
This post was edited on 10/12/22 at 7:13 am
Posted on 8/5/19 at 9:32 am to bagboy333
your anger should probably be directed at the CCCs.
reward programs have gotten pretty competitive and they're passing the costs of that off to the vendors and I guess some are passing that right off to the customers
reward programs have gotten pretty competitive and they're passing the costs of that off to the vendors and I guess some are passing that right off to the customers
Posted on 8/5/19 at 9:15 pm to zoemaxsam
I've only had to pay extra to use a card once and that was at Shucks in Abbeville. It was about 3 or 4% they charged me.
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