Are you thinking about going cashless with your business? Before you start investing in only cashless solutions as part of your Point of Sale (POS) system, take a minute. This is because more cities and states are introducing legislation banning cashless businesses.
New York City is the latest city to jump on the movement and ban restaurants and other retailers from rejecting cash payments. As with other states who have similar laws that are pending or already in the books, the fines are hefty.