Monday, December 12, 2011

Being charged a fee to run a credit card at the restaurant I work at?

I work at a restaurant in Miami and I have a question about credit card transctions.


Basically everytime we accept payment from a customer with a credit or debit card we are charged one dollar for every credit/ debit transaction. This dollar gets discounted from the total amount of money I'm supposed to make every night.


I don't understand why I should be charged for a transaction that most retail / resturant pay for....


Is this legal?|||Every merchant who processes credit/debit card transactions has to pay a "per-fee" transaction to the company who is letting them use Visa/MC. This fee cannot be passed on to the consumer, though I have never heard of the owner of the restaurant pass this charge onto their servers as a way of eliminating the payment from themselves. I do not know if this practice is legal or not. I'd contact the the labor board for Miami and ask. It would sure be worth the phone call.|||yes, this is common, this is legal, and $1.00 is probably the minimum, USUALLY it is about 6% while the best customers can get it as low as 1.2%





This is called a "transaction fee", it is payment for processing the credit card.





If you do not like the transaction fee, don't accept credit cards - CASH ONLY :)|||You may want to check with your local Dept of Labor as to whether or not it's legal. It certainly does not seem fair.|||The employer is allowed to deduct a fee from your tips--after all, he didn't get the money either.





The only rule is the fee has to be reasonable and everyone has to pay it.|||While the transaction fee is legal, having it taken out of your pay may not be. You need to check new -hire documentation or last evaluation, whenever your pay was last changed, and verify if you've been paid this.

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