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by chiph
278 days ago
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Most of the cost of currency is up-front in it's production and initial distribution. The cost of handling it is also mostly up front (purchasing a wallet to hold it, buying a cash register with a drawer for the bills and coins). The transactional costs are things like taking it to the bank for depositing. But if you have cash to deposit - your business is probably doing things right and this is negligible. |
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It's not neglible to the point that some sellers where it's legal don't take cash because credit cars fees there cost less than cash handling.