Quote:
Originally Posted by gtagrip
My point is, many people will not go and patronize a restaurant because it is cash only and may pose a inconvenience for some.
If I have to take $20.00 out of the ATM it is going to cost me $3.00 to do so. If a restaurant accepts CC's at 0.04% that same $20.00 costs them $0.80. If I were a restaurant owner, I would rather pay $0.80 vs. losing out on $19.20.
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That's the thing--at this point lines are out the door and there's rarely a slow day, which means they're NOT losing $19.20.
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