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Food, Cooking, and Restaurants
Reply to "Eating out no longer worth it"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Restaurants also charge 2.8%-3% of ‘admin fees’ for credit card payments here in the south. I think this is new? Hopefully we won’t see this for a while back on DC metro.[/quote] Visa and MasterCard charge every business 3% on their transactions, so in these cases it’s being passed on to the consumer. Amex charges even more - 5% (or more). [/quote] its illegal to pass this on to the customer its part of the credit card agreement. 3% is minimal when considering the accounting savings[/quote] How do you report restaurants passing on the charge to customers?[/quote] Restaurants, dentist, my nail salon, if it’s illegal how come they’re all doing it? [/quote]
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