FlyerTalk Forums - View Single Post - Why Are So Many Higher End Restaurants In Tokyo Cash Only?
Old Dec 29, 2012 | 11:18 am
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jib71
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Originally Posted by tcook052
How high a merchant fee? Here's in N. America as I understand it's in the range of 1.5 - 3% so is it higher in Japan?
Perhaps the fee you can negotiate with the card provider depends on the volume of business. The Boston Globe says that Boston cab drivers pay 5-6% in transaction fees.
http://www.boston.com/news/local/mas...es_cabdrivers/
(I think they might be overcompensating with the automatic prompts on their machines that suggest tips from 15% to 25%, but I digress ... )
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