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I agree with what you said but I still think cash should be accepted as baseline. Anyone can use cash. That said, I can also understand businesses wanting to
by TerrifiedMouse 3y ago
I agree with what you said but I still think cash should be accepted as baseline. Anyone can use cash.
That said, I can also understand businesses wanting to do away with it - no need to dealt with it; secure it, count it, deposit it, … etc.
- sambazi 3y agothou, the cash handling overhead/cost does not scale linear with revenue like cc fees do
- deleted 3y ago[deleted]
- makeitdouble 3y agoI think looking at cash as baseline made sense a while ago, but in this day and age, we see self employed people running a side business with a card reader and an iPad, and sell paintings on the beach for 3 hours during the weekend. Asking these people to handle cash instead feels like an undue burden on something that is a very selective side gig. I've seen this a lot in mildly remote locations, and I'd assume they wouldn't be doing it if it was more of a burden, like having to deal with the cash flow.