4 ms·
They are charged somewhere around 3%, it certainly adds up for an already extremely thin margin. Additionally your point about cash being less traceable is als
by cco 8y ago
They are charged somewhere around 3%, it certainly adds up for an already extremely thin margin.
Additionally your point about cash being less traceable is also at play, cash income is far less likely to be reported to the IRS.
Add both of those factors in and it is clear to see why cash is preferred by small businesses.