Re:EU fines Mastercard more than half a billion euros
by dalore on Tuesday January 22, 2019 @01:47PM
(#18971046)
For those that don't handle cash, they could get some sort of insurance to make up for lost business (and any brand damage) if the machines go down.
Re:EU fines Mastercard more than half a billion euros
by bluejekyll on Tuesday January 22, 2019 @01:54PM
(#18971139)
Yeah, I realized that something along those lines is the issue. It's still surprising when a business can't operate in a situation like this.
To accept cash as a back up you have to have all the items in place to accept it all the time basically. You need the register and to have enough cash on hand to cover giving change plus the accounting and tracking at the end of the day to make sure cash hasn't walked. So if a place has the ability to accept cash intermittently they might as well accept it always.