Quote:
Originally Posted by joey2665
Actually Amex is 3% but Visa MasterCard and Discover usually only 1.2 to 1.5%. If they raised their price by about 25 cents a meal it would cover the fees and make customers happy. But then again there is the “under the table” issue. [emoji33]
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Good point. Even better than that--market research has shown that people are less price sensitive when using plastic, so presumably many are getting more than 25 cents extra and customers are still more satisfied