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0.00019294860550783 0.000122785476232328 -0.000596386598842364 0.00305209612348712 0.0032099631643572 0.0032099631643572 0.0032099631643572 0.0032099631643572
Stock impact report

Card fees creep onto restaurant tabs [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Diners may increasingly spot dual pricing options on their tabs as some restaurants begin offering discounts for cash payments in a bid to reduce the credit card fees they pay to issuers and networks. Some have likely begun surcharging or offering discounts for cash payment, said Vanessa Sink, a National Restaurant Association spokesperson, noting the swift introduction of temporary surcharges for eggs early this year as prices surged. The association doesn't query restaurants about payment surcharging or discounts as part of its monthly survey, she said, citing inflationary pressures. “When everything starts to go up, you have to do something and all of them are making different decisions about what they think their diners will accept,” Sink said, noting a wide diversity of 70 different segments within the restaurant industry. Merchants' long battle with card networks Visa, Mastercard and American Express over interchange fees is seeping into financially-pinched restaurants, f Show less Read more
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