No, the companies pay the cost of handling cash as well. There's the labor costs of handling cash - counting it, moving it, organizing it, accounting for it, m

No, the companies pay the cost of handling cash as well. There's the labor costs of handling cash - counting it, moving it, organizing it, accounting for it, making sure there's enough change to run a shift; the cost of storing and transporting it - safes, cash draws, key management, money transport/money transport companies; and the cost of loss due to theft, mistakes, and mismanagement. I'm not saying that the cost of cash is more than the cost of card, I'm simply saying its not anywhere near free. https://qz.com/123642/physical-money-costs-americans-more-than-200-billion-each-year-so-why-bother/ https://qz.com/123642/physical-money-costs-americans-more-th... >But new research from Tufts University aims to highlight the pain points of cash, where digital currency can break in. The use of physical bills costs US consumers, businesses and the government at least $200 billion each year—about $1,739 per household. Here are the main reasons why: >Small businesses don’t lose much money by operating cash-only. But larger businesses spend a significant amount of money dealing with cash—collecting it, sorting it and getting it to the bank without it being stolen. US businesses lose $40 billion a year to cash theft and loss, about 1% of total revenues. http://baltimore.cbslocal.com/2017/02/02/cashless-coffee-shop/ http://baltimore.cbslocal.com/2017/02/02/cashless-coffee-sho... (There's also a potential to increase sales by accepting card.)