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  1. Join Date
    Mar 2005
    Posts
    8,837
    #41
    Quote Originally Posted by shadow View Post
    bakit mgqa resto walang surcharge? mas maliit ba ang surcharges ng CC co. sa mga resto? or pareho lang sa lahat ng merchant? or is it mabilis ang turnover ng resto compare s ibang merchant?
    kasi sa resto puwede pumalo ng 100% ang profit. so 7% is negligible. imagine crispy pata at 350+. eh sa palengke wala pa 200 yun. ngaun kung, may volume distro ka pa, baka mas mura pa.

  2. Join Date
    Mar 2005
    Posts
    8,837
    #42
    Quote Originally Posted by creepy View Post
    Medyo OT ng konti, pero related:

    What the DTI should crack down on is establishments (including restaurants) that charge an extra 12% on top of the list or menu price. May kasamang maliit na * at fine print kasi yung menu na "VAT exclusive".

    Ito ang quote from Inq7 on this credit card issue but which is also applicable to restos:



    The DTI used to be vigilant against establishments like this (calling Teriyaki Boy, Miller in West Ave!!) pero ngayon hindi na. Haaaay... ningas kugon!

    yes tama din eto. for a 1k food bill, additional 100+ kagad ang 12% tax. dapat embedded na sa menu ang 12% eVAT kasi under the law dapat ganun eh.

  3. Join Date
    Mar 2005
    Posts
    8,837
    #43
    Quote Originally Posted by Altis6453 View Post
    It can backfire on the stores if they jack up their prices. 'Wag nalang silang tumanggap ng card diba?
    we are slowly entering the plastic money-driven economy like the rest of the developed world. ako nga nagpapa-approve na din sa bangko ko ng credit card system eh, just to compete. kasi people nowadays don't bring large cash na.

    for example, if you sell merchandise na may 10k, 15k, 50k and up. swertehan mo na kung makabenta ka ng isa kada isang-araw kung ala ka credit card, lalo na kung small biz ka lang.

  4. Join Date
    Oct 2002
    Posts
    20,213
    #44
    Quote Originally Posted by oldblue View Post
    yes tama din eto. for a 1k food bill, additional 100+ kagad ang 12% tax. dapat embedded na sa menu ang 12% eVAT kasi under the law dapat ganun eh.
    the new E-VAT law states that the 12% VAT should be separate from the amount of sale. so in the case of restaurants, if the amount in the menu is VAT inclusive, ihihiwalay pa rin sa OR yung VAT. if the amount in the menu is exclusive of VAT, it should be clearly stated that an additional 12% VAT will be included in the total food bill. in other words, every OR should show how much VAT was paid.

  5. Join Date
    Aug 2004
    Posts
    1,630
    #45
    Quote Originally Posted by Galactus View Post
    This isn't true...may cut ang merchant sa surcharge, which is why different establishments have different surcharges (3 - 7%), even if you use the same credit card. Conversely, even if you use different credit cards in the SAME establishment, iisa lang ang surcharge rate.
    we've been accepting credit cards since 2004 pa, and eversince wala kami nakukuha "cut" dun sa surcharge. basta pagdating ng cheque samin from the bank, kaltas na agad yung 7%...

    not sure lang if the "bigger" merchants have better deals from CC companies...

    regarding DTI's rule on surcharge, we (our shop) have no recourse but to cease accepting CC payments...

  6. Join Date
    Oct 2002
    Posts
    1,211
    #46
    basta ako, fully pay agad.

  7. Join Date
    Jun 2006
    Posts
    6,105
    #47
    Quote Originally Posted by BlueBimmer View Post
    i dont know if other merchants have cuts in the surcharge but on our monthly checks sent by the bank (Diners, JCB, AMEX or MC/VISA), the total monthly CC sales is automatically deducted 7%. pagdating ng cheke sa amin bawas na agad.
    Same here. I wonder how we could deal with banks waiving off the Credit card surcharge.

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Govt. Mulls Ban on Credit-Card Surcharges