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The fact that you immediately assume that something doesn't exist because you don't encounter it is insanely presumptuous of you. The entire reason why small b
by fzeroracer 3y ago
The fact that you immediately assume that something doesn't exist because you don't encounter it is insanely presumptuous of you.
The entire reason why small businesses moved away from cash is because its cheaper even taking into account fees. Food trucks, popups, small merchant kiosks. Not needing to take cash means far less overhead.
You're more than welcome to argue the benefits of cash transactions and in most cases I would agree. But you should not miss the truth of the situation.
- newaccount74 3y agoAnd danger to employees! My partner used to work as a waitress, and was always very nervous when she had to go home with a days revenue when she was the last to leave. Electronic payments are much safer, no physical cash someone can steal.
- pasttense01 3y agoNo, it's not the entire reason. If a store doesn't accept customers' preferred payment methods some of them will switch to competing retailers who do.
- JackSlateur 3y agoHere, in France, small businesses are delighted when I pay in cash From what they tell me, that's because: - they get 100% of the money (no tax) - it grants them the right to cheat with tax declaration (which is always good) - it can be quicker and easier than credit card (I'm think of those guys who sells stuff for 5€, for instance) I believe medium/large businesses loves credit cards, because the people doing the payment are low-waged, untrusted people, who cannot do maths etc (or whatever the reasons managements got in their head) But small businesses ? When you give money to the owner of said business ? They have credit cards because the consumers use them, but they hate them