They doing 20% gratuity on all “To-go” orders now?

Elle Seven

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Thats the most sane charge on there.. the card processing company’s charge 1.5-5% for a restaurant to charge your card.

Now that other shyt debatable

I recently listened to Visa's last quarterly earnings call.

If I understood the conversation correctly, there is already a flat fee Visa charges businesses to use its processing services anyway.

However, Visa enables businesses - if those businesses choose to do so - to then charge their customers those additional 3% processing fees we often see at venues.

Therefore, businesses do that voluntarily (they are not necessarily doing it to recoup the price of the fees they paid to Visa, especially if they surpass that initial price with their profits).

And if a business does elect to extend that 3% to its customers, Visa gets another cut of those profits, too.
 

Gloxina

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Waffle House is in their bougie era. Come back when the employees and corporate figure all this livable wage shyt out
bye-camron.gif
This is a classic gif, I have to say.
 

Gloxina

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I went to a sports bar yesterday, these nikkas charged me a service fee, gratuity of 20%, a processing fee, and a non cash payment fee. So my 60 dollar tab was 90 bucks

I recently listened to Visa's last quarterly earnings call.

If I understood the conversation correctly, there is already a flat fee Visa charges businesses to use its processing services anyway.

However, Visa enables businesses - if those businesses choose to do so - to then charge their customers those additional 3% processing fees we often see at venues.

Therefore, businesses do that voluntarily (they are not necessarily doing it to recoup the price of the fees they paid to Visa, especially if they surpass that initial price with their profits).

And if a business does elect to extend that 3% to its customers, Visa gets another cut of those profits, too.
I’ve gotten back into the habit of paying for some things with cash. Processing fees, etc aren’t necessarily a lot, but that crap can add up. And it’s just annoying. I’ve literally watched someone remove the charge and go “oh you’re paying with cash?” Lol
 

franknitty711

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I went to a sports bar yesterday, these nikkas charged me a service fee, gratuity of 20%, a processing fee, and a non cash payment fee. So my 60 dollar tab was 90 bucks
yeah u gotta carry cash now again when you go out. I know the staff appreciates it because they get a bigger piece of the cut. All this debit/credit transactions are used as a reason to bleed you with misc charges.
 

JNew

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I went to the mall for lunch the other day during the middle of the day, bar was damn near empty.

Got a pizza to go and the total came to 18.03. I left a 1.97 tip, and they acted like I was the worst person to ever come in.

This was also after the fact they didn't even ask for payment and i could have just walked out with the pizza.

At this point its beyond entitlement and annoying and just plan toxic. If you dont like what your pay is find a new job or go beg on the streets.
 

itsyoung!!

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there is already a flat fee Visa charges businesses to use its processing services anyway.

However, Visa enables businesses - if those businesses choose to do so - to then charge their customers those additional 3% processing fees we often see at venues.
that is maybe to the company (Paypal, Square, etc). When I charge someone through Venmo, Cashapp or Square, as a business, its roughly a 3.5% fee (yes even on Cashapp).

If you are operating on smaller margins (especially for something like food), accumulating hundreds of dollars of card fees a day/week will eat tremendously at your profit.

Also why a lot of car dealerships wont accept card as a payment for cars unless you are absorbing their fees, cause who going to eat 3-5% of $70k for nothing :heh:

And if a business does elect to extend that 3% to its customers, Visa gets another cut of those profits, too.

Again, I think you are confusing the payment processing company, for an actual business. Visa gets $0 from me and my businesses. But they might get something from Square, who I use to process cards. Thats between Visa and Square.
 
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