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Bluestone, which now has 20 stores in the U.S., went cashless last October.
A big reason: Nearly 90 percent of customers [...] never paid in cash.
Another reason: The lines move faster when employees don't have to make change.
"We see a lot of guests that pay for a meal with a credit card, but will always leave a cash tip. And I think people like doing that. People like palming a bartender a $20 or palming their server a $10. Palming the bus boy a couple bucks," said Fileccia.
There are also people, he said, who want to keep their meal off the books — if they're having an affair, for example.
No, businesses are not required to accept cash: https://en.wikipedia.org/wiki/Legal_tender
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When The Cash Register Doesn't Take Cash
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I think we are in Rats' Alley where the dead men lost their bones.
-- T.S. Eliot
(Score: 2) by leftover on Tuesday January 09 2018, @05:30PM
The entire purpose of moving to EMV cards was to provide an offline validation mechanism at the point of sale. It took off in Europe because the online infrastructure at the time was more spotty than it is now. Telephone line service (POTS) was widely available in the US and good enough for online validation so EMV never took off.
In both cases, the validation process is separate from the financial transaction. Clearing is done in batch form, up through the merchant banks and back down through consumer banks' card processors.
Bent, folded, spindled, and mutilated.