Sunday, October 6, 2013

Tell The Waiter You Will Just Walk Out



Without paying.   

Yes, there is a new app on the way called “Cover”.  Cover lets you check in to a restaurant on arrival, and they will know your game plan, and so when the time comes to leave, you just walk out.   A few minutes after you leave you will get an email telling you that the restaurant was paid “$ X “ and the waitress was tipped 20 %. 

See details in link below.  Restaurants and others say that people who pay by charge card tip better than those tipping with cash.  Also 18% is the least Cover will let you tip, as the industry thinks that’s about the least the wait-staff can survive on. It also costs the restaurant less commission than charge card companies would have charged them to process the same payment.


Right now it is limited to NYC, and , after beta testing for a year, 200 restaurants have signed on.  But the hopes are it will spread.  Venture capitalists are circling. Is this the next Groupon? Or restaurant PayPal? You saw it here first !

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