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> The transactional costs are things like taking it to the bank for depositing. But if you have cash to deposit - your business is probably doing things right a
by scotty79 1y ago
> The transactional costs are things like taking it to the bank for depositing. But if you have cash to deposit - your business is probably doing things right and this is negligible.
It's not neglible to the point that some sellers where it's legal don't take cash because credit cars fees there cost less than cash handling.
- chiph 1y agoFor them, the risk of keeping cash on the premises is probably paramount. Of robbery, employee theft, of employees not being able to make change correctly (or getting taken advantage of by a quick-change artist). https://www.youtube.com/watch?v=iLDgLOga6oE https://www.youtube.com/watch?v=iLDgLOga6oE