Restaurant Places Four Percent Fee On All Credit-Card Transaction Receipts

And
yet, another restaurant decides to implement a four percent charge to
people who use credit cards to pay their bill.
Is
it the start of a war on the credit card users? Or, is it just a tax
on those who don’t use cash?
While
some establishments chose to go credit-only, they suffered backlash
with claims of discrimination for people who are unable to attain a
credit or debit card. However, a Louisiana restaurant has
implemented a four-percent non-cash charge onto customers’ bills,
and it’s also garnering some negative attention.
According
to a Facebook post, the patron noticed the fee at the bottom of their
Uncle T’s Oyster Bar restaurant receipt. And, after their
experience, they’d start carrying cash to pay their bill. The
customer said they saw a four percent fee on their bill.
Is
four percent too high?
Chicago’s
Bang Bang Pie & Biscuits owner Michael Ciapciak said the store
uses Squareup.com with a two to three percent credit card fee.
According to Ciapciak, when people pay with cash, the restaurant
keeps all the money. But, when they use a credit card, they get $10
but have to pay a fee.
If
this is the case, why does Ciapciak not go completely cash? He’s
looked at both sides of the issue and realizes that there are pros
and cons to them. He said there’s a cost behind them both, and
though cash is better, someone is still being paid to count the money
and deposit it in the bank.
If
a restaurant decides to go all-cash or credit, they may leave money
on the table without realizing it.
Doug
Dunlay owns 4 Star Restaurant Group, and he said, if customers use a
credit card instead of cash, there is no fee. Dunlay said over 90
percent of their customers use a credit card to pay for their food,
but he said there is a three percent transaction charge for them (up
to three percent depending on the credit card).
He said the group pays in more than $800,000 a year in these credit card fees but is eating the cost and not passing onto their customers.