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Cashless Transactions

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The Decline of Tipping in America: A Survey of Attitudes and Behaviors.
personal-finance3 years ago

The Decline of Tipping in America: A Survey of Attitudes and Behaviors.

Americans are tipping less due to high living costs and economic uncertainty, according to a report by Bankrate. The pressure to tip has increased, with more opportunities to tip for a wider range of services than ever before. Two-thirds of Americans have a negative view about tipping, particularly when it comes to contactless and digital payment prompts with pre-determined options that can range between 15% and 35% for each transaction. While tipping at full-service restaurants has held steady, tips at quick-service restaurants by guests fell to a five-year low of 16.7% in the first quarter of 2023.