Couple small places neat me are cash only operations. I don’t know why but in 2023 to be cash only seems a little suspect to me. Any legitimate reason?

  • VegasBjorne1@alien.topB
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    11 months ago

    Every business could be different situations. I owned and operated a business for 14 years and never accepted a credit card or debit card. If someone didn’t have cash then there was an ATM on the premises. It made my accounting much simpler.

    I could see a business such as a doctors office which makes most of it’s revenue through insurance billing and the small co-pay amounts.

    My auto mechanic is cash only as his “credit card machine is broke” for over a year now, but that’s cool with me as he does great work at a reasonable rate.