5 ms·
> The question is, what are the benefits of not accepting cash? Credit card processing fees, cash collection services (ie hiring armored trucks), theft concern
by merely-unlikely 4y ago
> The question is, what are the benefits of not accepting cash?
Credit card processing fees, cash collection services (ie hiring armored trucks), theft concerns (both from employees and robberies), and the accounting headache of dealing with cash are all valid reasons depending on the area and business.
There are trade offs on both sides of accepting/not accepting cash.
- P5fRxh5kUvp2th 4y agoWhich all translates into higher expenses for the business, and I'll repeat myself that I'm ok with the business being required to take on that expense.
- JackFr 4y agoThe coercive power of state for thee, but not for me.
- P5fRxh5kUvp2th 4y agoabsolutely, because if there's one thing WE KNOW TO BE TRUE. It's that the state has never, ever, been used against the poor.