(Wall Street Journal) – Regulars at Peter Luger Inc., the iconic steakhouse in Brooklyn, N.Y., know the drill. If they’re not toting cash or the restaurant’s own credit card, they’ll have to run to the nearest cash machine when it’s time to pay the bill. The steakhouse, like a number of small businesses, has long refused to take credit because of high interchange or “swipe” fees paid to card companies and banks.
