CodeHead Mar 22, 2024

@pberry @VaughnVernon That's unfortunate. Usually payment processes take a cut of the fees internal to the processing itself.

There is a 1.5% (or something) fee the merchant pays for using like Visa/MC. This sounds like on top of that. (Unless Toast is getting the consumer to pay all the fees rather than forcing the merchant to mark up to account for the fees. Still, not good.)

Need to read up on Toast more. But my gut instinct is to dislike that business model. Feels like Verizon.

Show threadCodeHead 

@pberry @VaughnVernon But the end result is again, the customer sees $10 for something, does not include tax, tip or now, the processing fees anymore.

As far as the customer is concerned, may as well be a continuation of false advertising.

Mar 22, 2024 at 5:13pmWeb
Show threadVaughn Vernon 🟦 🟨 🟧 🟪Mar 22, 2024
@codehead @pberry I asked. To the waitress, it's a "credit card fee." We've gone there for 8 years, so why now? It must be Toast. She said paying cash removes the fee. (Who pays cash these days?) The $0.55 is nothing, but I ate alone for $20+20% tip. We have to pay 3% when clients use credit cards for workshops. Plus, we pay an additional fee for the events platform https://ti.to. We haven't raised our prices in ages, but keep getting squeezed from every angle.
Tito

Simple, powerful, event registration software

Show threadThe Long TailMar 23, 2024
@VaughnVernon @codehead @pberry #enshittification