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DumpsterBaby
My compass when I'm lost
Member since 5/11 2210 total posts
Name:
My anchor when I get tossed
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Do
It's one of the incidentals of running a business to accept credit/debit cards. Business owners should factor it into their operating costs. If they don't want to accept cards, then I don't need to shop there.
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Posted 8/30/12 10:11 AM  |
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BargainMama
LIF Adult
Member since 5/09 15657 total posts
Name:
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Re: Do "Cash Only" businesses bother you?
Yes, and I don't typically shop at places like this since I never have cash on me. It's the price of doing business, and while credit/debit cards cost more to accept, they would get MORE business if they accepted them, so it would balance out.
What really gets me is the places that make you buy $10 worth of stuff to use your card. It's against visa/mc's TOS, and I usually walk away from those too.
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| Posted 8/30/12 10:22 AM |
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moonmist09
Thank you, St. Gerard!
Member since 2/11 5043 total posts
Name:
Antonella
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Do
i think its annoying because i don't usually carry cash on me. However, if i know its cash only before i got inside, then i would prepare myself and go to the ATM to have cash on me.
DH thinks its an amazing idea as a business owner because most of them don't claim how much they really make.
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| Posted 8/30/12 4:31 PM |
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DumpsterBaby
My compass when I'm lost
Member since 5/11 2210 total posts
Name:
My anchor when I get tossed
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Re: Do "Cash Only" businesses bother you?
Posted by moonmist09
DH thinks its an amazing idea as a business owner because most of them don't claim how much they really make.
And that's a crime.
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| Posted 8/30/12 4:47 PM |
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rojerono
Happiest.
Member since 8/06 13803 total posts
Name:
Jeannie
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Re: Do "Cash Only" businesses bother you?
Posted by DumpsterBaby
It's one of the incidentals of running a business to accept credit/debit cards. Business owners should factor it into their operating costs. If they don't want to accept cards, then I don't need to shop there.
Start up businesses sometimes can't afford that extra expense.. it's literally make or break for them. And sometimes they can't get approved to take credit cards. The approval process has gotten more and more strict between the Patriot Act and the crumbling of the big banks.
And then there are people who simply think banks and credit card companies are the effing devil and they don't want to work with them when they can avoid it.
I've worked with enough business owners to know that they ARE aware that not taking credit cards may lose some customers.. but they also lose a lot of potential fraudsters. A lot of these folks aren't interested in growing their business into the stratosphere of profit.. they are often focused on their service or product and improving it to a degree that it becomes a 'must have'. You'd be surprised at how many people are willing to purchase using cash or check when they know the product is worth it!
Posted by BargainMama
What really gets me is the places that make you buy $10 worth of stuff to use your card. It's against visa/mc's TOS, and I usually walk away from those too.
US merchants CAN require a minimum purchase on credit card purchases up to $10. They cannot require a minimum on debit card purchases.
Interestingly.. they CANNOT give a discount for cash per their merchant agreement. Well.. they can't 'charge more' for credit... but same difference.
Message edited 8/30/2012 5:19:07 PM.
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| Posted 8/30/12 5:14 PM |
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Re: Do "Cash Only" businesses bother you?
It only bothers me if I don't know up front. However most places I've been to that don't accept credit cards do accept checks, and I always have my checkbook with me.
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| Posted 8/30/12 5:17 PM |
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sasha96
lovin' my 2 little ladies!
Member since 5/05 7401 total posts
Name:
Julianne
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Re: Do "Cash Only" businesses bother you?
doesn't bother me from handmade vendors but a regular store or restaurant, yeah it bothers me.
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| Posted 8/30/12 5:59 PM |
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Re: Do "Cash Only" businesses bother you?
It doesn't bother me per say - as long as I know ahead of time and I am prepared.
More and more people are getting those attachments for their Iphones. I know that it is pretty cheap that way.
I understand that through a regular phone line can be pretty expensive for a smaller merchant or vendor.
Either that are they are scamming on taxes 
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| Posted 8/30/12 6:39 PM |
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DiamondGirl
You are my I love you
Member since 7/09 18802 total posts
Name:
DiamondMama
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Re: Do "Cash Only" businesses bother you?
It bothers me because I know that means they aren't declaring their full income and paying taxes. I almost always use credit cards at places notorious for not declaring their income like nail salons, pizzerias..if I have to pay taxes, so do they 
Message edited 9/3/2012 9:11:30 AM.
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| Posted 8/30/12 7:04 PM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: Do "Cash Only" businesses bother you?
I didn't realize the fees were that high! Holy Moly!
Posted by rojerono
Interestingly.. they CANNOT give a discount for cash per their merchant agreement. Well.. they can't 'charge more' for credit... but same difference.
I always thought this was the case, but how do gas stations get away with it?
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| Posted 8/31/12 10:13 AM |
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KristenRSF
LIF Toddler
Member since 5/10 487 total posts
Name:
Kris
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Do
No. I barely use credit or debit cards when I shop.
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| Posted 8/31/12 10:17 AM |
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Naner325
waiting on nugget!
Member since 6/10 4432 total posts
Name:
N
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Re: Do "Cash Only" businesses bother you?
It does bother me because a lot of the time I don't carry cash. I do understand certain places like mom and pop farm stands but major businesses, it bothers me.
I was at the hospital the other day unexpectedly for someone and after a couple of hours was hungry and thirsty. The cafeteria didn't accept cc and I had zero cash on me so in that case, yes it annoyed me.
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| Posted 8/31/12 10:18 AM |
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Sparrow
LIF Adult
Member since 11/10 6826 total posts
Name:
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Re: Do "Cash Only" businesses bother you?
Posted by rojerono
Interestingly.. they CANNOT give a discount for cash per their merchant agreement. Well.. they can't 'charge more' for credit... but same difference.
I'm not trying to argue, I'm honestly curious . . . Do you know how/if this applies to gas stations? I'm guilty of not paying attention to prices but DH always says many of them charge more for credit cards. Are gas stations an exception to this rule or are they breaking the agreement?
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| Posted 8/31/12 10:22 AM |
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Sparrow
LIF Adult
Member since 11/10 6826 total posts
Name:
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Re: Do "Cash Only" businesses bother you?
Posted by DiamondGirl
It bothers me because I know that means they aren't declaring their full income and paying taxes. I almost always use cash at places notorious for not declaring their income like nail salons, pizzerias..if I have to pay taxes, so do they
I'm confused, doesn't cash make it easier for them to avoid taxes?
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| Posted 8/31/12 10:25 AM |
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MySunshine
In love with my Baby Boy
Member since 3/11 2783 total posts
Name:
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Re: Do "Cash Only" businesses bother you?
Sometimes because I rarely carry cash. If it's a place that I know and like- I make sure to have cash after my first visit there.
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| Posted 8/31/12 10:31 AM |
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pinkiegirl
Member since 7/07 2160 total posts
Name:
Dana
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Re: Do "Cash Only" businesses bother you?
Posted by Sparrow
Posted by rojerono
Interestingly.. they CANNOT give a discount for cash per their merchant agreement. Well.. they can't 'charge more' for credit... but same difference.
I'm not trying to argue, I'm honestly curious . . . Do you know how/if this applies to gas stations? I'm guilty of not paying attention to prices but DH always says many of them charge more for credit cards. Are gas stations an exception to this rule or are they breaking the agreement?
I was going to ask this question too! It drives me nuts that I have to pay more at the gas station to use a credit card!
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| Posted 8/31/12 2:00 PM |
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Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
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Re: Do "Cash Only" businesses bother you?
Posted by pinkiegirl
Posted by Sparrow
Posted by rojerono
Interestingly.. they CANNOT give a discount for cash per their merchant agreement. Well.. they can't 'charge more' for credit... but same difference.
I'm not trying to argue, I'm honestly curious . . . Do you know how/if this applies to gas stations? I'm guilty of not paying attention to prices but DH always says many of them charge more for credit cards. Are gas stations an exception to this rule or are they breaking the agreement?
I was going to ask this question too! It drives me nuts that I have to pay more at the gas station to use a credit card!
The gas stations will say that the regular price is the credit price - the cash price is a discounted price since you're paying in cash.
The gotcha is, if that was really the case, then the main advertising boards should show the higher credit price, and not the cash price. 
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| Posted 8/31/12 2:02 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
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Re: Do "Cash Only" businesses bother you?
My hair dresser, pizza place, chnese food place, bakery that ive bene going to for years don't take CC. I just suck it up
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| Posted 8/31/12 2:08 PM |
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Goldi0218
My miracles!
Member since 12/05 23902 total posts
Name:
Leslie
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Re: Do "Cash Only" businesses bother you?
My father's business was cash only. In the height of his business (Id say from the 60s through the 80s), people really didn't use credit cards the way they did now. My parents got one in the 80s just so they could rent a car and til they died, they really only used it to accrue airline miles. My father used to only carry cash in his wallet. Not taking cards was an expense he didn't want to or need to incur. It was also much harder to get credit cards back then. People couldn't get credit. Nowadays, anyone and everyone can and does. I know so many people with mounds of credit card debt because their eyes are bigger than their wallets. I've even been there myself. In the 80s and 90s you never heard about credit reduction services the way you do now. Its all relative to the time we live in - at least that's my opinion.
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| Posted 8/31/12 3:16 PM |
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PennyCat
Just call me mommy :)
Member since 7/08 19084 total posts
Name:
Jib
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Re: Do "Cash Only" businesses bother you?
I said "sometimes" ... because it only bothers me if I want to go there.. have no cash... and it forces me to have to go to the bank first  If I'm fully loaded at the time I leave my house, it doesn't bother me at all.
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| Posted 8/31/12 4:06 PM |
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rojerono
Happiest.
Member since 8/06 13803 total posts
Name:
Jeannie
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Re: Do "Cash Only" businesses bother you?
Gas stations also have different agreements based on their sic/industry code. They get special pricing that is not the same as other merchants. Some larger chain stores also have their own pricing that rides right along interchange just because they can afford to do it!
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| Posted 8/31/12 6:40 PM |
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leesah85
LIF Infant
Member since 12/11 136 total posts
Name:
Lisa
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Re: Do "Cash Only" businesses bother you?
Posted by rojerono
Accepting credit cards isn't cheap. I don't blame businesses one bit for doing cash only. I think it's not a fabulous draw and they probably lose some business because of it.. but that's life!
ITA.
My parents used to own a small card/gift shop and people would try to charge $1.00 card or their lotto expenses (which is not allowable by law BTW), and they would fight with them tooth and nail about it even though they clearly had a sign that said $10 minimum for cc purchases. They paid really high fees for cc purchases so anything under $10 they were losing from their profit.
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| Posted 9/3/12 1:06 AM |
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DiamondGirl
You are my I love you
Member since 7/09 18802 total posts
Name:
DiamondMama
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Re: Do "Cash Only" businesses bother you?
Posted by Sparrow
Posted by DiamondGirl
It bothers me because I know that means they aren't declaring their full income and paying taxes. I almost always use cash at places notorious for not declaring their income like nail salons, pizzerias..if I have to pay taxes, so do they
I'm confused, doesn't cash make it easier for them to avoid taxes?
YES! I meant CREDIT I always use credit at places notorious for not declaring income 
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| Posted 9/3/12 9:11 AM |
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