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this post was submitted on 06 Aug 2023
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Asklemmy
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Slightly related: I just assume any business that operates on a cash-only basis is commiting tax fraud.
Tbf if I ran a business I would probably go cash only because payment processors have become somewhat predatory.
Thats fair. The working class has to work outside the law to make it but corporations are able to brutally fuck us in a legal manner.
Why not add a cash discount? Charge slightly more for credit card transactions to cover the fees. I actually wonder why more haven't done this.
Completely agree!
https://lbry.tv/@rossmanngroup:a/stripe-adds-more-fees-to-the-small:5
Youre part of the problem
OP said cash only.
Like actively refusing card options. Because if you loose a potential customer you may did not have to pay the card transaction fee but also lost their revenue.
If you have credit cards as an option everyone will choose it because convencience, cash only is the only way
Someones confidently incorrect.
It is convenient. But sometimes I prefer cold hard cash.
Reason: Better spending habits than with the abstract spending of electronic cash.
Edit: I was confidently incorrect while writing ;)
The thing is that the video I linked is from someone who likes to vote with his money, people like that will only accept cash
There are good reasons
P.S its "confidently incorrect" not "confidently wrong"
Thanks for the P.S. edited it!
There's a small bar in a town near me that has really good food. Their prices are insanely low but you pay for every single thing you add, so a plain hamburger might be $7 but each topping you add 50¢ or whatever. Basically they know their customers and manage to offer both cheap and premium food.
Anyways point is, they have two different prices listed on their bills, one for cash payment and a slightly higher one for a card payment, so that's how they walk that line