Maybe my memory is faulty, but I never remembered having to pay a surcharge to use a credit card. Now everywhere I go there are signs saying that there is a 2.5-3.5% surcharge to use a car (and others that say that there’s a 2.5-3.5% discount for using cash, I assume to get around wording)
I have not yet seen it normalized but I have seen the opposite. 5% discount for cash. I mean effectively its the same thing. EDITED - thought I would mention there was a well known burger place in my area run by some brothers who would only take cash. They had a sign with the location of the nearest cash machine. I think they decided the credit card machines were not worth the hassel and its the kind of place that had a line out the door the whole time they are open.
I’ve seen shops that only take cash, with an ATM in the store.
I kind of get it for small shops. Even just reconciling the register every day is way easier with just cash.
No, it’s the opposite. Humans make mistakes with cash, and the overall drag on the store’s operations (from needing a safe for large amounts of cash, physically transporting cash to be deposited at the bank, dealing with theft/loss) tends to be higher than credit cards.
That’s why a lot of places have switched to entirely cashless operations, because cash is slow and expensive for them.
Plus, no chargebacks.
If a customer gets cash from the ATM and then gives you the cash, they can’t later try to claw that cash back by denying the charge.
I’m my experience, most places like that set up their own ATM with absolutely extortionate fees as a way to get extra money.
im pretty sure the brothers did not want to deal with whatever you have to do to get an atm. it was a pretty lean operation with really just enough room for the grill, fryers, blender, prep area and register. Very limited counter seating in side and a few tables outside. still in winter big lines. people just take it to go.
More likely, it’s to fudge the numbers and pay less tax. Credit cards leave a record of income. Cash doesn’t.