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The end of cash?


The squeezed surroundings put GB News’s influence into perspective. On screen, it loudly questions gender policy, but due to space constraints its own toilets are gender-neutral. On screen, its pundits have campaigned for retailers to accept cash, but, upstairs, the building’s café only accepts card payments. The set-up is less media mogul, more student revolutionary living with the parents.

seems like is always the case with these culture war issues, the people making a fuss don't actually believe in it. just a useful way to rile people up and get them behind you so you can push your real agenda.
 
It’s nonsense, though. There are bank charges for banking cash, just as there are bank charges for accepting electronic payment. Neither is necessarily greater than the other — it all depends what business bank account you use. Unless they’re suggesting that they never bank any cash at all, which is a whole other kettle of hassle.
 
Maybe the costs of banking cash feel different to small businesses because they don't see it itemised per transaction.

And they ignore that they are actually shifting cost/hassle to any customer who does not habitually use cash, because customers have to spend time withdrawing cash and then carrying change around in their pockets.

Support your local customers by letting them pay in the way that works for them. Your competitors might do.
 
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