Quote:
Originally Posted by TomC
i think the holdouts did so because margins in restaurants are skinny enough and they did not want to eat the credit card vig.... well now that everyone is passing that along to patrons - maybe that's the plan. Anyone know if they add the CC fee to the total? Its habit to bring cash there, so I have not put any meals on credit...
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Some restaurants work on a profit of 10% or less so giving up 3% to credit card companies takes a substantial cut of that 10%. Often that means smaller portions or higher prices.
Taking credit cards adds a lot of time consuming steps. Waitstaff, who used to pick up the cash when people get up and leave now have to drop the check, pick up the check and credit card and go run it, return to the table to drop the card and receipt for the signature, and go back and pick it up.
Also, in most cases the waitstaff prefers an instant cash tip they can take home at the end of their shift, rather than have it go through the restaurant and be paid by check in the future.