3 ms·
Many small businesses are +/- one-man-operations. Robberies are not a problem in many parts of a world (last local robbing I hard about was 25-ish years ago).
by mantas 4y ago
Many small businesses are +/- one-man-operations. Robberies are not a problem in many parts of a world (last local robbing I hard about was 25-ish years ago).
Customer retention is not a problem if people are used to cash.
Transporting and keeping cash is still a thing if you accept cash. Accepting cash and cards is just doubling costs and logistical issues.
- orwin 4y agoThe issue for one man business is accounting. You have exceptions in some places (farmer's market) you can basically do as you wish, but in small shops you have to follow rules that makes cashless less painful. In France at least.
- mantas 4y agoModern cashier's machines do accounting pretty well. But looking at businesses I visit - old good pen&paper seem to work great as well.
- orwin 4y agoYes, but modern cashier's machine are more expensive (again, in France) than this new white terminal the new businesses around me uses. > old good pen&paper seem to work great as well I think that for food businesses in brick and mortar shops in France, if you take cash, you have to get a cashier's machine. Not 100% sure that's true but that's the explanation i got from a bubble tea shop who didn't take cash.
- mantas 4y agoCashier's machine is one-off purchase. You can get a really cheap 2nd hand. Meanwhile card processing embraced subscriptions all the way. > I think that for food businesses in brick and mortar shops in France Even tiny food businesses have quite a few transactions in a day. Wit weird sums that may make cash painful in other ways. €6.71 is fast by card than counting coins and queue length may matter at peak times. I was talking more about, for example, hairdresser where amount is square and there're very few transactions in a day.