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Podcast: B2B Vault: The Biz To Biz Podcast
Episode: Why Restaurants Get Chargebacks On Tips Higher Than 20% | Tipping Thresholds | B2B Vault: The Payment Technology Podcast | Episode 115
Description: In today's episode of The Payment Technology Podcast 📻🎙️ Allen & Justin get into the subject of tipping 💰💸🤑💵 and chargebacks.
So I saw a few discussion about tipping and chargebacks and what are restaurants, bars, nightclubs 🏦🍽️🍻 are dealing with.
So we talk about the ✋✋rules and regulations✋✋ that each card brand 💳 has when it comes to tipping.
The only way to ensure that you are going to get paid 💰💸🤑💵 and not get a chargeback is to do Tip at the time of the sale.
We talk about businesses facing this issue - and provide the solutions that are avialable to avoid char...