3 ms·

Still heavy cash transactions for the bootstrapped <15 location gas station franchises. ATMs, etc... 60% of the 130K-ish gas stations in the USA are Indian ow

Still heavy cash transactions for the bootstrapped <15 location gas station franchises. ATMs, etc... 60% of the 130K-ish gas stations in the USA are Indian owned, but we only make up <1% of the population. (old metrics)

gruez 5y ago
> Still heavy cash transactions for the bootstrapped <15 location gas station franchises. What counts as "heavy"? 5%? 15? 50%? Based on my observations it doesn't look like it's happening at a significant enough scale for it to meaningfully make a dent on gas station profitability numbers. >ATMs, etc... Why would someone use an ATM to pay for stuff? I don't think I ever saw a gas station that didn't accept debit. If anything gas stations offer a free "ATM" in the form of "cash back" transactions.