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re: Establishments that only take cash

Posted on 11/29/12 at 6:54 pm to
Posted by joeleblanc
Member since Jan 2012
4114 posts
Posted on 11/29/12 at 6:54 pm to
quote:

I pay cash when I have it or if I think about it on the way. I go elsewhere when I don't. That's not some grand breakthrough, Aristotle. The point was that business owners who don't take plastic are short-sighted.


I beg to differ. know a po-boy shop in my town. Cash/check ONLY. Only way he has ever done business and has a VERY good business.
Posted by rbdallas
Dallas, TX
Member since Nov 2007
10340 posts
Posted on 11/29/12 at 7:35 pm to
when it is all said and done, in small business transactions, a place could me paying 4 - 5 % for that credit card fee-transaction fee-processing fee and monthly settlement fee.

for a marginal business that's a lot.

Posted by saderade
America's City
Member since Jul 2005
25753 posts
Posted on 11/30/12 at 8:10 am to
quote:

beg to differ. know a po-boy shop in my town.
Thats the difference between a town and a city. Unless the poboy place is so much better than the competition, I don't want to stop at the bank to get cash. I can find any number of places that will not require me to stop and get cash
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