Why do some restaurants only accept cash

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How to source web page on macbook air | Answer (1 of 20): I can't tell you why (or if) New York has more cash-only restaurants, but I can tell you why a restaurant would want to be thus.![]() * Cash is immediate. If you have a good crew and a decent handgun for the trip to the bank every night, cash makes a lot of sense in terms of ready. Mar 23, · Secondly, cash-only restaurants are swimming against a powerful current of consumer preference for non-cash payments. Inthe Federal Reserve’s blog inventoried a Author: Dave Infante. Jan 23, · 4. It takes a lot longer for a server to run a credit card transaction than to just make change and put the cash in the register. ![]() 5. Credit cards are a hassle. ![]() Card readers and terminals are expensive to lease and maintain, and when they break down all hell can break loose. 6. When a restaurant is cash-only, it’s easy to shield income from ampeblumenau.com.brted Reading Time: 2 mins. |
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For these reasons and more, I say the cash-only restaurant must die.
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Why do some restaurants only accept cash - what
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