Why Restaurants Get Chargebacks On Tips Higher Than 20% | Tipping Thresholds | B2B Vault: The Payment Technology Podcast | Episode 115

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 chargebacks. And we also take a look at EMV and the customer experience and what customers expect. Technology is the equalizer when it comes to payments! There are options available. Enjoy the podcast! B2B Vault: The Payment Technology Podcast is sponsored by https://npsprinter.com and https://nationwidepaymentsystems.com/ Carpe Diem - Have a great day!