Precious
28
January
(2 votes, average: 2.00 out of 5)
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Chinese
Description – Chinese Restaurant. Good dining area and outdoor dining. Entrée price range $7-$14+.
Services – Chinese Cuisine, Japanese Cuisine. Free Delivery (Min $5 Local, $10 Outside Hoboken), Take Out, BYOB, Catering
Address – 128 Washington St, Hoboken, New Jersey ( NJ ) 07030-4604
Telephone – (201) 798-8827,(201) 798-8867, (201) 798-8086, (201) 798-8843, Fax – (201) 798-8768
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July 14th 2009 - 18:22:02 |
If you report it to the credit card company they’ll eventually lose their ability to take credit cards as a punishment.
In response to potatochip who said:
No problem, I have a debit card… so I decided to sit down and enjoy a late lunch and read the paper.
Everything was great until my bill for $6.50 (8.50 w/tip) came and I gave the waiter my debit card. He quickly came up to me and said, “$10.00 minimum”. Not knowing any better I replied, “No problem, I will be back in 5 minutes with the cash”.
Not good enough….. the manager came over and caused a scene, muttered something, and walked away. So here I am standing at the register at this point in a restaurant full of people (including our new mayor and a bunch of his companions) mortified not knowing what to do. I tried giving a credit card as collateral until I returned from the bank but they would not let me leave the place.
They suggested I “order some to-go items” or “leave the balance as a tip”.
I replied, “You’re quite clever for someone who acts so dumb. You don’t want to take my debit card then I will have to come back!”
Long story short, finally they asked for a drivers license which I gave them and quickly headed to the ATM completely humiliated. Came back, paid, and even left the ba$tard a tip.
After discussing this with a few friends I realized that what they are doing is illegal and there is no such things as minimums on debit or credit cards.
Just want to inform you all of the poor business practice occurring at Precious and make sure everyone is educated on this information as plenty of businesses in Hoboken will not accept cards with a purchase under 10 or 20 dollars.
Here is some information if this happens to you.
consumerist.com/consumer/csr/mega-u...purchases-is-a-violation-168646.php
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July 14th 2009 - 19:46:59 |
Interesting, I didn’t realize they couldn’t require minimums.
Does anyone know about places that charge one price for cash and then a higher price for credit – I see alot of gas stations do this?
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July 14th 2009 - 22:50:23 |
I did report them and very interesting point HOB424. I wonder how they get around that. Hmmmmm….. I’ll do some research and let you know what I find.
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July 15th 2009 - 08:34:19 |
The Federal Truth-in-Lending Act prohibited surcharges on credit-card purchases until 1984; since then, there has been no Federal law on that subject. (Other provisions of the law are still in force.) The states of CA, CO, CT, FL, KS, MA, ME, NY, OK, and TX have laws against surcharges, according to Bankcard Holders of America.
Discover allows surcharges on credit-card purchases, except in the above states. Visa and MasterCard prohibit them. American Express discourages them in general, and specifically prohibits them by merchants that also take MasterCard or Visa because Amex doesn’t allow merchants to discriminate against it.
There is a loophole: merchants are allowed to give cash discounts. This means in practice that they can’t charge you more than the labeled price if you pay by credit card, but they can charge you less if you pay cash.
via stason.org/TULARC/finance/consumer-...redit-card-users-more-than-cas.html
In response to HOB424 who said:
Does anyone know about places that charge one price for cash and then a higher price for credit – I see alot of gas stations do this?
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July 15th 2009 - 10:26:46 |
Yeah I have been told they have a minimum too – oh and don;t keep asking for duck sauce the waiter doesn’t like that much
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July 15th 2009 - 10:48:28 |
Don’t you all realize that the problem is that credit card companies charge a high, PER TRANSACTION fee to merchants?
Rather than cause pain to the small business owners who lack the leverage to negotiate lower transaction fees – why not write your congressperson and for the elimation of all PER TRANSACTION fees in favor of a simple flat percentage charge for credit card purchases.
Some merchants pay as much as 50 cents PER SWIPE on debit cards. That means if the debit card DOESN’T authorize and they need to run a second card – its two swipes and $1.00 for the transaction. Thats on top of whatever percentage they may pay. And remember – it’ll be TWO SWIPES even if you just entered your PIN number incorrectly!
Credit card swipes (versus debit) usually have somewhat lower ‘per transaction’ fees – but higher ‘percentage’ fees.
I do not enforce any particular minimum at my own business – but I do let people know that I prefer cash on smaller transactions and exactly why I prefer cash on smaller transactions: PLAINLY, I CAN’T AFFORD IT!
Visa/MC/Amex/Discover are committing something HEINOUS. They need further regulation – especially regarding merchant fees. They are a monopoly – a business MUST accept these cards or they will not survive.
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July 15th 2009 - 11:10:40 |
They aren’t really doing anything HEINOUS at all. They are offering a service, for a fee. They are not MANDATING you use this service, but simply offering it. Yes, in this day and age you would be quite foolish not to accept a CC or Debit card, but again, you are CHOOSING to do so.
The other option is cash or check only, and install an ATM in the shop for customers who don’t have cash or check on them.
In response to hobokengolf who said:
Rather than cause pain to the small business owners who lack the leverage to negotiate lower transaction fees – why not write your congressperson and for the elimation of all PER TRANSACTION fees in favor of a simple flat percentage charge for credit card purchases.
Some merchants pay as much as 50 cents PER SWIPE on debit cards. That means if the debit card DOESN’T authorize and they need to run a second card – its two swipes and $1.00 for the transaction. Thats on top of whatever percentage they may pay. And remember – it’ll be TWO SWIPES even if you just entered your PIN number incorrectly!
Credit card swipes (versus debit) usually have somewhat lower ‘per transaction’ fees – but higher ‘percentage’ fees.
I do not enforce any particular minimum at my own business – but I do let people know that I prefer cash on smaller transactions and exactly why I prefer cash on smaller transactions: PLAINLY, I CAN’T AFFORD IT!
Visa/MC/Amex/Discover are committing something HEINOUS. They need further regulation – especially regarding merchant fees. They are a monopoly – a business MUST accept these cards or they will not survive.
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July 15th 2009 - 14:20:43 |
I typically carry cash and understand that merchants pay a fee.
Bottom line here… you cannot charge me for using my debit card. I don’t care if it’s for a pack of gum.
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