Released: March 29, 2018
Are mobile payments tricking you into leaving a larger tip?
Source: Michelle Singletary, Washington Post (Paid Registration)
I hadn’t really thought about the subtle ways companies are trying to encourage consumers to give larger tips. I tip what is customary and fair — often ignoring preselected percentages, which in some cases are too high.
“Tipping inflation is real, and it’s coming to a tablet near you,” NerdWallet's Liz Weston writes. “Merchants using Square and other mobile payment services can set ‘recommended’ tip amounts or percentages for any transaction — including ones that traditionally haven’t included tips. People have reported being prompted for sizable tips at bakeries, food trucks and takeout counters."
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