Bill Forcing NYC Businesses to Accept Cash Likely to Pass

[Trisky]

I have the opposite problem. The Chinese food place across the street from me only accepts cash, no credit cards. I haven't had cash in hand since March of last year.

[oceangaia]

Originally Posted by johnnytang24

Cash does cost the business. Employee theft, robbery, denomination management, deposits, etc. are all things that have to be handled. For small businesses that are primarily card, adding the overhead of handling cash isn't trivial.

Gas station attendants often carry thousands in cash. Common robbery targets.

A few server tabs disappearing every day can lead to a lot of lost money. Or hours every month reconciling tabs and cash in drawer.

How often to go to the bank to restock $1's and $5's? How much cash to keep on hand?

There's a reason many small businesses don't take cash, even though they have to pay a processing fee for card and they can't scam taxes.

Cash can't be deposited electronically. Try taking a picture of a $100 bill and e-depositing it into your savings account.


Cash might also be counterfeit.

[oceangaia]

Originally Posted by blackconverse

Parking meters in NYC still take cash, you could not be more wrong.
Cash tolls still exist outside of this little bubble of NYC.

Consumer card info from stores many times have been stolen from hacking rings to individual scammers employed by the stores. Don't try to paint cards as flawless.

Houston must be in the NYC bubble because the parking machines here are credit card only and we have several tag-only toll roads.


It's not that credit cards don't have problems but most of those problems are not the business'.

[oceangaia]

Payment by cash is going to be a problem for uber.

[SonySegaTendo617]

Originally Posted by Foamposite

100% agreed. Smoking bars are awesome.

Yep, I agree with you! Also I apologize that I didn't quite make it clear in this sentence( Heck, almost all chains(even ones years ago I never thought would make that change to going smoke-free,even in rural areas of red states where 100% smoking bans for all restaurants and bars are unlikely to ever pass) have banned smoking as it is, so it isn't like nonsmokers don't have a lot of choices already.), that I was referencing Cracker Barrel's(which they did in the early 2010s) and Waffle House's decision(in the mid-2010s) to ban smoking at their corporate owned restaurants. Technically Waffle House does have their Amarillo, TX area locations as smoking locations, due to the Amarillo WH's being franchise owned. Since WH's smoking ban they implemented in the 2010s was just for corporate ran locations, but that franchised WH locations could make whatever decision they want on allowing smoking or not. Per online reviews I've read(at least a few years back, not sure if today it's still that way), the only WH locations I could confirm that seemed like they might still be allowing smoking(per online reviews), were the ones near Amarillo, TX. Though even if the WHs in Amarillo were ever to ban smoking, I seem to once remember(doing google online review searching, and of other sites) that there were a handful of mom and pop restaurants there still permitting smoking.

That all said I do greatly admire Amarillo, TX residents in voting down 2 past smoking ban referendums, and letting restaurants and bars make their own choices on smoking. I'm pretty sure when I once did do online review research on my own, that I only found maybe like 2 mom and pop diners there that still were allowing smoking, and ditto with(at the time in the late 2010s, not sure if that's the case now) the WHs near Amarillo still allowing smoking.