Should your business be considering cashless? To help you decide, here are three key questions every business owner should consider before taking the plunge to all-digital payments.
As the proportion of cashless transactions continues to rise, some businesses are foregoing bills and coins entirely and accepting only digital and card payments. Granted, these all-digital enterprises are far from the norm and are mostly concentrated in major urban centers. For example, New York City locations of the chains Dig Inn, Two Forks, Dos Toros, Sweetgreen and Bluestone Lane are now entirely cashless.