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Jun 16, 2011 12:54 AM

Commerce Restaurant's new all cash policy

Had our usual excellent dinner here on Tuesday but we were surprised to learn that Commerce is now a NO CASH restaurant --- that's right, just like a plane! Holds true for both the bar and table service, there isn't even a register behind the bar anymore. Thought it was a bit weird but we were OK with it, although we do pay cash for dinner from time to time. Has anyone seen this before? A harbinger of things to come?

50 Commerce Street, New York, NY 10014

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  1. The policy has been in place since 2009. I haven't encountered it anywhere else (except planes, as you mention).

    PS: You may want to edit the title of your post.

    1 Reply
    1. re: small h

      No doubt my error, but our server did make it sound as if it was recently put in place. In any event, we thought it was interesting. I would imagine it was put in place to address employee theft issues, but balance that against the transaction fees charged by credit card companies. I guess so few people actually pay cash when a bill for two people is over $75 or $80 that the balance tips in favor of credit cards only.

    2. It is a good way to prevent emloyee theft... and if most pay by credit anyway the "tax" situation is less compelling

      2 Replies
      1. re: msny98

        Not to mention they can make the employees pay the cost of credit card transaction on their tips.

        1. re: cwdonald

          No, they cannot.The fee is an expense of the restaurant.

          However the IRS can accurately tax servers since it knows how much they earn.