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Chef Andrew Gruel (Co-host) of Calico Fish House with “Ask the Chef”
Manage episode 522238136 series 1192835
We return to the irritating subject of the ever-increasing swipe fees that restaurateurs are charged on credit card sales. As menu prices necessarily need to increase the mammoth credit card processing entities automatically gain more income without any extra expense. A Catch-22 for the already squeezed hospitality industry. A new settlement agreement with Visa and MasterCard has perhaps marginally reduced these fees somewhat. Chef Andrew questions if this is a really meaningful development.
2003 episodes
Manage episode 522238136 series 1192835
We return to the irritating subject of the ever-increasing swipe fees that restaurateurs are charged on credit card sales. As menu prices necessarily need to increase the mammoth credit card processing entities automatically gain more income without any extra expense. A Catch-22 for the already squeezed hospitality industry. A new settlement agreement with Visa and MasterCard has perhaps marginally reduced these fees somewhat. Chef Andrew questions if this is a really meaningful development.
2003 episodes
All episodes
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