Should your Company go cashless?

What if some of my customers don’t have credit cards or bank accounts?

If you go cashless, make sure you have a plan in place for dealing with customers who don’t have credit cards or bank accounts. For example, you could offer gift cards or store credit.

Are there any legal complications my business could face if we go cashless?

In some cities, businesses are not allowed to refuse cash payments. Make sure you check the laws in your area before making the switch to a cashless policy.

What are the potential problems caused by going cashless?

Digital payments may seem like a convenient way to make our lives easier, but the lack of cash means there is no safety net. Without it we are at risk for all kinds of crimes from identity theft and account takeovers through fraudulent transactions-not just financial ones!

Should my company go cashless?

It depends on a variety of factors specific to your business. Consider the pros and cons before making a decision.