Monday, November 28, 2022

Amid persistent inflation, cash-strapped consumers are tipping less

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  • With inflation near record highs, fewer consumers tip 20% or more.
  • When it comes to takeout, tips are now down to 14.4%, on average, according to a recent report.
  • And still, most people say they feel pressured to tip when they normally wouldn’t because of the gratuity prompt on the iPad screen.

Like many other businesses, the bakery uses a contactless and digital payment method, which prompts consumers to leave a tip when they pay. There are predetermined options ranging from 15% to 25% for each transaction.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC


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