Re:More businesses are not accepting cash
by czl_my on Sunday December 30, 2018 @02:13AM
(#18787910)
As someone who have worked in audit, I can see why business would choose not to accept cash considering the amount of fraud taking place. It is much easier for a cashier to take the cash and not issue/re-use receipts. Maybe the transaction fees would be lesser than the probability*amount of cash-related fraud.
[ Parent
| on HN ]
Re:More businesses are not accepting cash
by randomacct3847 on Sunday December 30, 2018 @03:32AM
(#18788117)
I thought one of the main benefits to accepting cash is to underreport revenue for tax purposes.