You might be charged a new 99-cent fee on food orders — and some restaurants are fuming

July 17, 2023

Restaurant-tech firm Toast, which works with 85,000 restaurants, has faced backlash from both customers and restaurants over a new 99-cent fee charged for online orders over $10. The fee, implemented nationwide on July 10, is intended to fund ongoing innovation and support restaurants’ efforts to keep digital orders in-house. However, some customers and restaurant owners have criticized the fee as a money grab, expressing concerns about its impact on costs and the already challenging business environment for independent restaurants.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.