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by czl_my 2728 days ago
As someone who have worked in audit, I can see why business would choose not to accept cash considering the amount of fraud taking place. It is much easier for a cashier to take the cash and not issue/re-use receipts. Maybe the transaction fees would be lesser than the probability*amount of cash-related fraud.
1 comments

I thought one of the main benefits to accepting cash is to underreport revenue for tax purposes.