What is this thread all about?
Just a place for general discussion. A place to unload whats on your mind and talk about anything - personal, health, help needed, achievements, daily highs and daily lows, theories, predictions and what have you.
Does not need to be Q related.
CASH discount at restaurants now...just within the last week, one of my fave places, not "high end" but not cheap either, presented my check with a normal menu price, then an additional line "cash" with a 4% discount...asking about this, i was informed that since they had to raise prices, wanted to give customers an option of discount to offset the price increase...hmmm ok, but i'm wondering if there's more to this story, maybe suppliers wanting payment in cash, or simply cash-flow for restaurant...this is a local restaurant with maybe a dozen locations around dfw metroplex...another single location local restaurant is doing same cash discount thing...sign of the times?
I think credit card companies are now charging for use.
Avoid Credit Cards anons.
if you have any make sure they balance $0
Maybe there’s more to it. Credit card companies charge the store a fee for each transaction. I don’t know if this applies to debit cards. Maybe they are trying to not give their profits to the banking industry. I know a local man that runs a small hunting service. He provides the place to hunt, a house to sleep and food. The credit card companies were charging a large fee. So he figured out a way to get around it. He up charged some items. These people are wealthy people flying in from up north to the south. I doubt they would carry enough cash for their hunting fees.
This is true at every gas station in my area. It's about not paying credit card fees. Running a card for your purchase costs the business money, and most small businesses can't afford to eat any unnecessary costs right now.
Could be they are discounting the cash payment for the amount they would have gotten charged if you had used your card. Typically 3-5% depending on card company, if I remember correctly.
Said so much simpler than my response.