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National Restaurant Association - Do you give discounts to guests who pay by cash?

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Do you give discounts to guests who pay by cash?

Last summer's financial-reform law made some important changes for merchants who accept debit and credit cards. One of the primary changes: Effective July 22, 2010, restaurateurs and other merchants can choose to discount prices for guests who pay by certain methods -- whether cash, check, debit card or credit card.

Certain restrictions apply. For example, the rules require merchants to clearly disclose the practice and offer the discount to all customers. And merchants cannot differentiate between bank issuers or card networks if they offer discounts for credit- or debit-card purchases. Read more about the law here.

Now that the law has been in effect a little over six months, the National Restaurant Association would like to understand more about restaurateurs' experience with it. Have you chosen to discount prices for guests who pay by a certain method? Have you had any trouble or challenges in communicating this to guests? Any feedback from your guests? Let us know. E-mail Denise Roach.

 

 

 

 

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