Melody Baetens The Detroit News Published 11:00 PM EDT Apr 3, 2019 In the past few months, two new casual restaurants in downtown Detroit have opted not to accept cash. They are joining a nationwide trend of cashless food businesses. We knew this day was coming. It seems my whole life I’ve been hearing that someday we’d live in a cashless society. I understand why many businesses want to only take credit cards. The processing fees are piddly compared to the security that business owners feel knowing that every cent is accounted for and there’s no chance of an employee making a mistake that costs them cash (or straight up pocketing it). A business owner can also feel at ease knowing that not having cash in the building may be safer for her employees, too. There’s also the argument that being cashless is faster, which I don’t buy. You could save seconds, maybe, but that is if every customer has their credit card handy and has a properly-working credit card (I’ve seen plenty that are taped together or have a worn out magnetic stripe). Cash is a pain for business owners. You have to count it, bank face it, physically take it to… Read full this story
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