Tagged With "PIN"
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Re: Chip Credit Cards to Change the Way US Tips at Restaurants
Actually, that's only one way of looking at it...another is that it may push many people (I included) to resume cash tips. The "convenient" suggested amounts, which even now appear on many slips can be very deceptive, both because they usually place the normal or usual amount as if it were the lowest "acceptable" amount, but also because often—not always—they calculate percent not on the restaurant bill but on the total of the bill plus tax. The difference can be significant. Interestingly,...
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Re: Chip Credit Cards to Change the Way US Tips at Restaurants
In the UK where we've had chip and pin cards for years we never include the tip with the total. Always cash to the waiter. We know how unscrupulous Restaurant owners can be.
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Re: Chip Credit Cards to Change the Way US Tips at Restaurants
It is safer that the card doesn't leave our sight with the chip cards and cash tips seem to be the answer. I don't know the statistics on the percent of people not carrying cash, but I know several young people that almost never carry cash.
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Re: Chip Credit Cards to Change the Way US Tips at Restaurants
We've had suggested amounts for years on the machines. I was just in Ireland where tips weren't usually included as an option on the bill I never had the right amount of cash. Frankly maybe I'm lazy but I don't mind having the option on the machine. It's been a while. Nice to see you all (metaphorically that is).
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Re: Chip Credit Cards to Change the Way US Tips at Restaurants
Note that the tip suggestions on the machines have a habit of creeping up. New York cab tips were about 15% for years, as a standard, and as recently as 2 years ago, a Times survey found that was about the norm. But...when you pay by credit card, the machine offers a choice of 20%, 25% or 30%. To use 15%, you have to go back one step in the process, make a manual entry, and then back to the close-out screen...all while you're trying to get out of the cab and stop holding up traffic. I'll bet...
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Re: Chip Credit Cards to Change the Way US Tips at Restaurants
According to that link I posted above, tipping is up for NY Taxis 10% with those default setting tips and they are expecting an increase at restaurants too now.
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Re: Managing Your Money on the Road
This is a great compehensive post. Time to try and cash the money order that you've been holding! LOL
Blog Post
Chip Credit Cards to Change the Way US Tips at Restaurants
While the US has been very slow implementing the chip and pin credit card that Europe uses, US banks are finally starting to roll out the chip and signature cards on a bigger scale. Under the new system, American chip card users...
Blog Post
Card Fraud: U.S. is the Target, but Banks Resist Change
In the news this week: over 40 million credit card users possibly affected by theft of data from magnetic stripes on credit cards used at Target stores—only one of many such incidents. As many travelers know, in the rest of the world, more...
Blog Post
Managing Your Money on the Road
If you’ve never seen a travelers’ check and maybe don’t even know what it is, you’re like most overseas travelers these days. Going abroad no longer means planning to carry wads of cash, or trekking off to American...
Blog Post
The Poster House
Jonathan L visits the only museum in the U.S. dedicated to commercial poster making