I mean, since the last time I’ve visited: it seems like no one ever carries it. I prefer it because CC charge additional fees (which end up making the item cost more) I have a small rant about that: STOP RIPPING OFF PEOPLE WITH THOSE SURCHARGES?! (It should be 0 rather than 1%) as it may seem trivial, they add up overtime. Are stores allowed to refuse cash payments outright despite them being legal tender?

  • Salvo@aussie.zoneEnglish
    2·
    2 days ago

    The metadata of being able to associate a transaction with an individual is much more valuable.

    A business dealing with Cash is a legal liability because a transaction cannot be associated with an individual, especially if it technology.

    Burner phones aren’t a thing in Australia. A lot of car dealers refuse to take cash payments due to laundering; it is legally safer for them to illegally reject cash than for them to get embroiled in more serious illegal activity.

    Counterfeiting is also a concern as technology enables higher quality fake currency.