Handling cash is very labor intensive, you're paying your highest paid employees (managers) to count cash multiple times before/after shifts, bank runs to depos

Handling cash is very labor intensive, you're paying your highest paid employees (managers) to count cash multiple times before/after shifts, bank runs to deposit, making change, rolling coins, etc. Plus the cost of physical security for that cash. https://www.businesswire.com/news/home/20180130005244/en/New-Research-IHL-Group-Shows-Retailers%E2%80%99-Cash-handling https://www.businesswire.com/news/home/20180130005244/en/New... >New Research from IHL Group Shows Retailers’ Cash-handling Costs Range from 4.7% to 15.3%, Depending on Retail Segment Loss from theft is a huge deal as well, there was a coffee shop in Baltimore that went cash-free because they were getting robbed so much. https://baltimore.cbslocal.com/2017/02/02/cashless-coffee-shop/ https://baltimore.cbslocal.com/2017/02/02/cashless-coffee-sh...