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A comment on Walmart Canada stops accepting Visa cards. Parent comment

Re:Walmart Canada stops accepting Visa cards by prklmn on Sunday June 12, 2016 @11:54AM (#11888623)
Many business owners prefer cash so they can avoid paying taxes and directly insert the cash into their pocket. Its nearly impossible to trace whereas there is a paper trail left when a credit card is charged.
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Re:Walmart Canada stops accepting Visa cards by ptaipale on Sunday June 12, 2016 @04:33PM (#11890104)
However, that's tax fraud and carries a risk of significant penalties.

But there are other reasons for preferring cash. For instance, a bank or authorities cannot quite as easily shut down your business if it runs on cash money, compared to having everything in bank which can be confiscated instantly, on-line.

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