Viewing a single comment thread. View all comments

Trafficsigntruther t1_jact4oy wrote

Reply to comment by ScottishCalvin in Fu-Wah in West Philadelphia accepting credit cards after 40 years by PienotPi

And it’s not like it’s free to process cash transactions.

1

ScottishCalvin t1_jad5fv5 wrote

nobody's processing them, they're using them for wages and like personal ATM. You only need processed payments for putting in a bank account, half your expenditure (things like gas+food and going out) can be paid with cash

2

Trafficsigntruther t1_jadcpbi wrote

Every time you have sales transaction you are processing cash.

Every shift you are counting the till and some of it is walking out the door unless you have an integrated ordering, payment and ticket system.

The amount of money (labor, added friction) businesses spend to avoid the receipts tax is higher than the actual tax.

1