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This won't fly. Lot of mom'n'pops restaurants prefer cash so they can under-report their income and save on tax. In fact, quite a few restaurants that I've been

• dragonwriter 9y ago
  > Lot of mom'n'pops restaurants prefer cash so they can under-report their income and save on tax. Or just avoid paying the private tax on card processing.
  • sofaofthedamned 9y ago
    Plenty of chinese takeaways in the UK that only accept cash. The one near me doesn't put it in the till, it's taken to the back, and asking for a receipt infuriates them. There's plenty of reasons to take cash only over and above CC charges.
  • likpok 9y ago
    AIUI though this can be something of a false economy. Cash has processing fees too: you need to pay someone to count it, secure it, take it to the bank. Plus you need to deal with shrinkage. I can't find numbers now, but I remember seeing somewhere that suggested all of this was not all that much less than credit card processing fees. The only citation I can find now is that theft is something like $40 billion, falling most heavily on small businesses that don't pay for transport.