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There are many reasons for this and as mentioned one is employee theft. If you've ever owned or operated a retail type business you would know there is much inv
by gist 2y ago
There are many reasons for this and as mentioned one is employee theft. If you've ever owned or operated a retail type business you would know there is much involved in reconciling the cash sales vs. what the register shows.
Also important to note that the items mentioned are discretionary and entertainment. As such it's not unfair at all to have to pay more if you want to pay in a way that the business requests. There is no obligation for a business to support payment methods that require them to increase costs (in theory) for all customers to cover the loss of dealing in cash. (Also removes potential issues somewhat with money laundering).
- Waterluvian 2y agoIt’s also just a framing issue. You can make cash more expensive or say that cards receive a discount. I’m not sure if it remains the case but a lot of stores near my university had “$1 fee for credit card” which was against TOS. And one week we noticed they all suddenly swapped to “$1 off if paying with cash. A $1 fee applies to all purchases.” Of course that’s the opposite of this, but it’s the same idea. Ultimately a company has lots of ways to say “we prefer to do business in a certain method.”
- gnicholas 2y ago> There is no obligation for a business to support payment methods that require them to increase costs (in theory) for all customers to cover the loss of dealing in cash. I believe some cities have passed laws requiring cash to be an option. Philadelphia appears to be one, though there are various exceptions: https://www.inquirer.com/consumer/philadelphia-music-venues-cashless-fillmore-lincoln-financial-field-20240314.html https://www.inquirer.com/consumer/philadelphia-music-venues-...