Why 2013 is the Year to Do Away With ‘Cash Only’

There has been more than a few times in my life that I stepped up to a counter to order food only to find out that they only accepted cash. Is there anything more disappointing? So much of a good meal is the anticipation that comes with it. Waiting in line to order, watching your food cook in a pan, sitting with your friends salivating over everyone else’s order. But all of that anticipation can be turned to disappointment at the sight of one of those god-awful “Cash Only” signs.

So, do I think the movement for some food establishments, like TRU Deli and Wine in North Carolina, to stop accepting cash and only cards is a good one? Sure I do. And here’s why: Nearly everyone who chooses to go out to eat carries some type of card, whether credit or debit. Will it alienate some potential consumers? Maybe, but probably not. Even if you show up and learn that they are card only, you’re not left high and hungry like being cashless at a cash only debacle.

TRU Deli’s owner, Dwight Debree, chooses to use the San Francisco based company Square as his company’s card reader, and says that not using cash has sped up the ordering and serving process. He also says that though there is a fee that goes along with only using cards, the money is more than made back through the increased efficiency.

Will all restaurants adopt this trend? Obviously, no. But should they? Hell ya! Carrying cash is so 2012.

H/T QSR + PictureThx ROQBOT

By Joey Nargizian

Joey is the 2017 Chopped champion. He also runs for President in 2020. But right now he is just eating, writing and playing soccer (not all at once). Pretty amazing trajectory if you ask him.

4 replies on “Why 2013 is the Year to Do Away With ‘Cash Only’”

If I ever come across a place that refuses to accept my cash as legal tender for payment, that will be the last time I ever see that place. Why would I want to pay more for food after I eat it (in credit card interest)? The only time I have ever used credit to pay for food were the few times I haven’t had enough cash on hand.

The article is way off base, use MORE cash & less “instant pay”! Part of the governments plan is to have a cashless society so they can monitor (& thus TAX) EVERYTHING you do! Please dont get sucked into this for the sake of false convenience!

Nowadays, there’s really no reason why a business shouldn’t accept both cash and credit cards. The fees on CC transactions used to be really high and the cost of the hardware to use them was not cheap, which made good reasons why many small businesses wouldn’t take them.

With services like Square, you don’t have those reasons anymore.

But to not accept cash at all….. that’s sort of dumb. People willing to hand you legal tender that you can immediately spend yourself, but you don’t want it? Bad idea.

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