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Also from TFA: > Accepting cash costs the retailer nothing. THis isn't exactly true. It probably costs nearly the same 3% to the retailer for cash handling fe
by fortran77 2y ago
Also from TFA:
> Accepting cash costs the retailer nothing.
THis isn't exactly true. It probably costs nearly the same 3% to the retailer for cash handling fees (armored cars), cash security, holdup risk, and employee theft.
I accept the article's main point. I just hope we, the Taxpayers, won't have to bail out credit card debt along with student loan debt, etc.
- gladiatr72 2y agoUm. No. Most small business owners transport cash to their bank on a daily or weekly basis. It takes 6-7 minutes at a drive-up teller window.