Chef Andrew Gruel (Co-host) of Calico Fish House with “Ask the Chef”

We return to the irritating subject of the ever-increasing swipe fees that restaurateurs are charged on credit card sales. As menu prices necessarily need to increase the mammoth credit card processing entities automatically gain more income without any extra expense. A Catch-22 for the already squeezed hospitality industry. A new settlement agreement with Visa and MasterCard has perhaps marginally reduced these fees somewhat. Chef Andrew questions if this is a really meaningful development.