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Due to the economic downturn, many local restaurants are no longer accepting credit cards to avoid paying fees. But are these establishments really saving money or losing business with …
7. Being a cash-only establishment makes it much easier to pay employees who are undocumented immigrants in cash, under the table. If …
11 years ago. Given that there's an ATM machine on almost every block, I don't see what the big deal is paying by cash. Peter Luger's is the only famous restaurant I can think of that only takes …
Answer 1 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
Why are so many restaurants and stores in New York City cash-only? The single largest reason many restaurants (particularly ethnic owned in large US cities- e.g. Chinatown type places) is …
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Why do some restaurants only take cash? The reason I hear most often is that they don't want to pay the service charge extracted by credit card companies and middle-men for the …
This is even more annoying than cash-only restaurants. By. Christian Gollayan. January 17, 2017 8:03pm. NY Post photo composite. When chef Jordan Andino, 27, was planning to open his first ...
From my experience a lot of businesses in Chinatown are cash only, mostly because they are low-tech and no frills. One of my favorite restaurants (Raku in East Village) is cash only. I do notice …
Why does this happen? Its a bit inconvenient, I don't mind if there is a $5-10 minimum for cards. But, so many places require CASH ONLY. Why? Someone please enlighten …
Answer 1 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
Survival & Preparedness Forum. Financial Forum. Restaurants in NYC go cash-only
Answer 1 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
Answer 11 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
Every GL reader has probably had an Oh Crap Moment in a restaurant upon realizing that they were dining in an establishment that only takes cash and didn’t have enough …
Secondly, cash-only restaurants are swimming against a powerful current of consumer preference for non-cash payments. In 2008, the Federal Reserve’s blog inventoried a three-year stretch in the ...
Answer 1 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
Getty Images New York City lawmakers voted Thursday to require stores and restaurants to accept cash for payment, saying businesses that accept only credit and debit …
Ask George: Why do some restaurants and bars still accept only cash? Sixteen months into the COVID-19 pandemic, another question might be which restaurants and bars no …
Here are a few reasons. Avoiding the credit card fee. Don’t have the extra cash to wait to get paid monthly. A lot of the warehouses which they get their supplies for are cash upon delivery and …
Jenny G. Zhang/Eater. NYC restaurants and stores not accepting cash will soon be a thing of the past. The New York City Council is finally set to pass a bill later today that will …
The cash-only restaurant is a clearing-house for a blushing, sputtering spectrum of middle-class ignominy. It condescends to cardholders with faux moralism. It grins oleaginously …
The New York City Council voted to ban cashless businesses Thursday. Under the new law, stores and restaurants must take cash payments or face a $1,000 fine. ... "We are …
Westend61—Getty Images New York City lawmakers voted Thursday to require stores and restaurants to accept cash for payment, saying businesses that accept only credit …
Going cashless is the future of business transactions. Fast-casual restaurant Sweetgreen, part of the sustainable food movement, will be going cashless in all 64 locations nationwide …
The owner / manager will typically collect payment post massage (note: cash only), but will lobby for paying a lump sum of $250+ for something like 10 massages. Paying up front (which is …
Laura Leister is co-owner and co-founder of Pieces in St. Louis, a full-service restaurant and bar that opened in 2016. Initially, the business operated on a cashless model, a …
It’s widely assumed that many cash-only businesses — bars, restaurants, bodegas et al. — don’t report all of their finances to the IRS. And some even benefit from ATMs they set …
February 10, 2020. New York City has voted to ban cashless businesses because it is ‘elitist’ and 12 percent of the city’s residents don’t have bank accounts. The City Council …
NYC prohibits restaurants from refusing cash. Places that maintain a no-cash policy will be subject to a $1,000 fine. By Peter Romeo on Jan. 24, 2020. New York City has …
Answer 1 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
And 99 percent of consumers with a household income over $100,000 use credit or debit for purchases, Restaurant Hospitality reported last July. Sweetgreen’s order-ahead app was one factor in ...
Card-only establishments are all conveying that same message whether it's said out loud or not. These restaurants, fast casual and upscale eateries alike, are hanging a not-so …
Card payments growing fast. According to a 2019 Federal Reserve Payments Study, total US card payments reached $7.08 trillion over 131.2 billion transactions in 2018. That was an increase …
At Mondayoff by Plant Love House in Brooklyn, New York, owner Benjaporn Chua has been offering a cash discount of 10 percent for the last year in an effort to persuade …
Answer 11 of 15: I find it odd that there are so many cash only restaurants. I can understand fast food/quick eats being cash only but surprised by how many restaurants do not accept credit …
In passing its ban in January 2020, NYC joined New Jersey, Philadelphia and San Francisco, which all approved such bans in 2019. At the time NYC acted, several other cities …
Japan - Why Are So Many Higher End Restaurants In Tokyo Cash Only? - I got my English 2012 Michelin Guide to Tokyo yesterday. And started looking through it. The guide has …
Cash Only BBQ reluctantly closed its doors in Williamsburg, Brooklyn back in February 2019. At the time, owner and pitmaster Corey Cash closed up after a rent dispute with …
By Peter Romeo on Oct. 21, 2022. Van Leeuwen Ice Cream has agreed to pay $33,500 in penalties to settle complaints that its 19 New York City shops refused to accept …
Integrating with digital rewards. Another reason restaurants and cafes are focusing on cashless payment is that the strategy naturally aligns with other innovations in …
According to Zagat, 2014 was a brutal year for restaurants in NYC, with 162 opening and 80 closing; 2015 had 119 open and 53 close. “Unfortunately more and more of our …
Of Them, How many restaurants closed in NYC 2020? Mid-August, 2020 - Restaurant closings mount Six months into the pandemic, an estimated 1,000 restaurants had …
At Mission Ceviche, a Peruvian restaurant on the Upper East Side with a $46 branzino and $165 tomahawk steak on the menu, closing bills note that diners get a 3.50% …
A non-profit newsroom, powered by WNYC. Gothamist is a website about New York City news, arts, events and food, brought to you by New York Public Radio. ©2022 New …
Instagram. 2 | PhoBar | This Chinatown restaurant gets points just for its creative name alone. While PhoBar is ever so slightly less traditional than other Chinatown restaurants, …
Yes, they're that exclusive. Rao's, a New York Italian institution, is for the first time in its 124 years in business accepting take-out orders in response to the coronavirus crisis that …
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