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But unless you don't accept cash at all, you have to do that anyway.
by thayne 7mo ago
But unless you don't accept cash at all, you have to do that anyway.
- mikepurvis 7mo agoI've been to several cashless cafes that just had a Square tap thingy. That said, I expect the cost of taking cash does scale to some degree with how much of it you take. Obviously you still need a cash register, but if only 10-20% of your business is cash, maybe it only needs to be reconciled and emptied out every second or third day? And it's a faster and lower stakes process if there's less in it? Insurance is cheaper as well if the total loss is 1/10 what it would be if every dime was passing through there.