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Cash is still king in Germany, but use of "contactless" payment methods have drastically increased in the pandemic. Small shops often prefer or only take cash,
by sva_ 4y ago
Cash is still king in Germany, but use of "contactless" payment methods have drastically increased in the pandemic.
Small shops often prefer or only take cash, or accept card payment only from a certain amount due to fees of the processors. I heard small businesses prefer cash for tax reasons as well.
- benmanns 4y agoTax reasons means evading taxes by not reporting cash transactions.
- sva_ 4y agoCaptain obvious saves the day.
- ChuckNorris89 4y agoAnd why should we enable small business tax fraud? I can't ask my employer to pay me in cash and keep my payslips private from the government.