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>From the article: "Michael Ryan, the co-owner and co-founder, said he never ordered cash drawers or a safe. By not having to count cash, visit a bank or order
by jaclaz 9y ago
>From the article: "Michael Ryan, the co-owner and co-founder, said he never ordered cash drawers or a safe. By not having to count cash, visit a bank or order change, Mr. Ryan estimates, the manager on duty saves about 23 hours a week."
Still from the article:
"Some merchants have already stopped taking cash. New York City-based 2nd City, a Filipino taqueria, hasn’t accepted cash since it opened its doors in 2016."
The owner and co-founder has seemingly more than a whopping whole year of experience in the field.
How much does he pay in transaction fees per week in order to save the (calculated/estimated) 23 hours of work?
As a testimonial, I would like to have someone who managed a restaurant for 10-20 years and then in 2016 decided to go "no cash".