National Headlines

Business … “Dealing with cash brings a lot of issues,” says Largent.

BUSINESS

Here’s what happened when a bar went completely cashless

More practical business strategies from thought leaders — Coming to ATLANTA, GA USA this OCT. 26-27, 2018 — Register Now …

By Bob Sullivan | Credit.com | November 1, 2016 9:28 am | Clark.com

When Sam Largent opened his second bar in the Seattle area, he thought he’d take a bold risk: No cash allowed. Well, no physical currency, anyway. All customers must pay with plastic. Debit and credit only; no greenbacks welcome. “I’d seen a few other places do it, so I thought we’d try it,” Largent said. He anticipated complaints, but he got hardly any. Things went so well that the original Flatstick went “cards only” this month.

READ MORE …

SOURCE: https://clark.com/personal-finance-credit/heres-what-happened-when-a-bar-went-completely/

Categories: National Headlines