Number of the weekDespite strong sales growth since the pandemic, the number of fast-food jobs hasn't actually recovered, according to the U.S. Bureau of Labor Statistics.
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The blog post features an "Effective Rate Calculator" to help restaurant owners and merchants quickly determine their net earnings after payment processing fees. By entering transaction details such as sale price, fees, and basis points, users can view the net amount, cost impact of the fees, and the value of basis points, facilitating informed financial decisions.
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This website blog is designed to guide restaurant owners through the nuances of cash discounts versus surcharges, emphasizing compliance with Visa's guidelines. It offers insights into the Advantage program and the benefits of dual pricing models, helping businesses provide cost savings to customers and comply with payment regulations effectively.
This blog post emphasizes the need for restaurant owners to comply with Visa's surcharge regulations, especially since enforcement intensified on April 15th, 2023. It warns that non-compliance could lead to fines up to $1,000 per violation and highlights the prohibition of debit card surcharges. The post suggests adopting compliant payment methods like Dual Pricing to avoid penalties and ensure transparency. Understanding these regulations is essential to maintain customer trust and protect your business financially.