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A comment on Physical cash is dying–and you don't need to be a conspiracist to worry. Parent comment

Re:Physical cash is dying–and you don't need to be a conspir... by beAbU on Saturday February 03, 2024 @08:27AM (#39240141)
And yet, when last did you get a 3-4% discount when paying cash? I remember that from the 90s and 00s.

In fact, I have seen some small places ask a 3-4% surcharge for cash payments, because banks don't process cash for free any more.

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Re:Physical cash is dying–and you don't need to be a conspir... by Workaccount2 on Saturday February 03, 2024 @09:31AM (#39240624)
I have never seen a place with extra fees for cash. However I know many small shops that give discounts for cash or only take cash for small purchases.
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Re:Physical cash is dying–and you don't need to be a conspir... by fullspectrumdev on Saturday February 03, 2024 @08:58AM (#39240369)
A lot of places around here charge a bit less for cash payments.
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Re:Physical cash is dying–and you don't need to be a conspir... by thuuuomas on Saturday February 03, 2024 @10:21AM (#39241124)
Every gas station in my area offers a lower cash price.
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Re:Physical cash is dying–and you don't need to be a conspir... by ImJamal on Saturday February 03, 2024 @11:42PM (#39247682)
I'm guessing it could be because when you pay cash you go into the store which causes people to buy stuff and they more than make up the cost.
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Re:Physical cash is dying–and you don't need to be a conspir... by j7ake on Saturday February 03, 2024 @09:24AM (#39240573)
Cash only restaurants are often 10-20 percent cheaper than comparable restaurants.
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Re:Physical cash is dying–and you don't need to be a conspir... by jusssi on Saturday February 03, 2024 @09:34AM (#39240654)
That would be because at least some of the cash bypasses the cash register and the tax report.

Edit: alternatively they might not have same profitability requirement as other restaurants, because a cash-only restaurant is perfect front for money laundering.

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Re:Physical cash is dying–and you don't need to be a conspir... by ghaff on Saturday February 03, 2024 @09:41AM (#39240723)
And they're probably just not comparable restaurants on average.
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Re:Physical cash is dying–and you don't need to be a conspir... by SoftTalker on Saturday February 03, 2024 @10:38AM (#39241303)
My barber only takes cash. $18 for a standard haircut.
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Re:Physical cash is dying–and you don't need to be a conspir... by progbits on Saturday February 03, 2024 @12:07PM (#39242307)
That's not because of card fees but because of taxes. They can underreport their cash income, but can't do that if the bank and card processor are involved.
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Re:Physical cash is dying–and you don't need to be a conspir... by thebruce87m on Sunday February 04, 2024 @05:03PM (#39254983)
Had some fun with the thought of a “Standard Haircut”: https://chat.openai.com/share/cd2948ce-2285-4491-b58f-877abb...
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