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Thread: convincing you favorite restaurants to join iDine
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Old Sep 14, 2006, 3:12 pm
  #10  
gardener
 
Join Date: Sep 2001
Location: Philadelphia, PA, USA
Programs: UA 2P, AA LT Gold, Marriott LT Titanium
Posts: 3,159
Originally Posted by VIP
If I understand correctly...
- the restaurants take a bunch of money upfront, and have to repay it in time
- the restaurants don't pay 50% of gross payments from ALL clients, just the ones who pay with an iDine-registered card.
And since it is a loan repayment, calculating how it cuts into the margin on a dinner check makes no sense. After all, loans have to be repaid.
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