3 ms·

Probably so people didn't go to the restaurant and heckle him?

• rhizome 14y ago
  Or ask for 50% discounts.
  • samstave 14y ago
    Hey restaurant, You want a customer? Let me get you a customer! Groupon: How much is a lunch meal? Restaurant: $10 Groupon: Great, here Ill give you $2.50 for it! Restaurant: uh.. I'm not so sure about this... Groupon: Hey customer! Come get this lunch deal. I got a great deal for you, $10 lunch for $5! Customer: Uh, ok. Groupon: Sweet! I just pocketed $2.50! Isn't this a great deal! Restaurant: WTF! I just lost 75% of my gross by doing this with Groupon!
    • https403 14y ago
      Going forward all merchants have to consider the Groupon/GOOG Offer cost while pricing. They already factor in credit processing - and can't discriminate on Cash customers. eventually a customer paying cash and not using any promos will pay a lot more for the same merchandise.
      • 18pfsmt 14y ago
        Actually, that's not true. As of today, because of this[1] $7.2B settlement, merchants will now be able to charge customers that use cards a fee for doing so. This is already the case in Australia as I understand it, and card use has not decreased as a result. I personally use cash for most store/ restaurant purchases (I used to work in the Merchant Acquirer space), so I will finally be getting a better price in addition to reducing my behavior-tracking surface area. [1]http://newsroom.mastercard.com/2012/07/13/mastercard-speaks-out-on-u-s-merchant-settlement/ http://newsroom.mastercard.com/2012/07/13/mastercard-speaks-...