Using Restaurant Servers’ Tips to Offset Credit Card Processing Fees

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Processing fees that are incurred by restaurant owners when a customer dines in and pays by credit card can get expensive and eat at a restaurant’s bottom line. The processing fees are based upon what customer pays on the both the food and beverage bills, as well any gratuity that is left for the server. Savvy restaurant owners, however, may have the opportunity to offset the portion of the credit card fees that is attributable to the servers’ tips.

Under the Fair Labor Standards Act (FLSA), when tips are charged on a credit card and the employer has to pay a …read more

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