Cash or check only restaurants

[Anonymous]

Eastern Shore of Virginia. Saxis Virginia. Both restaurants only took cash. Not Vietnamese. I'd say these were more watermans restaurants.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A Vietnamese place near me only takes cash.
I think they hide a large amount of it, and/or pay their illegal workers in cash.
I am surprised it’s actually allowed for a restaurant to not accept credit cards. But I don’t care either way.

That could be but that's racist. It's usually because the credit card companies are charging 10% to the restaurants for usage.

It just happens to be a Vietnamese restaurant!
When I come across an Italian or an American one doing the same, I will suspect the same, I promise.
Not for a second I believe that a cash only place reports 100% of their cash.

and you could have said "small business owner near me" . . .

Ridiculous.

[Anonymous]

Anonymous wrote:It’s either tax evasion or money laundering.

Or both

[Anonymous]

Anonymous wrote:Checks?! I love it.

I haven't used a check since 2010.

[Anonymous]

Some business owners are tired of paying credit card fees. I've seen more offering a discount for cash or a surcharge for paying with a card.

[Anonymous]

Anonymous wrote:Never heard of checks but the cash is so they don't have to pay credit card fees or to hide it.

If they ask you upfront "cash or CC" they are def cooking books. I have seen Chinese places like that. But, in OP's case, given they accept checks, I think they are just trying to avoid CC fees.

[Anonymous]

We have a place on the Jersey Shore and lots of places there only take cash. I think Peter Luger in Brooklyn is still like this also.

[Anonymous]

Anonymous wrote:We have a place on the Jersey Shore and lots of places there only take cash. I think Peter Luger in Brooklyn is still like this also.

It really upsets me because they charge us tax and keep it for themselves. Tax evasion and theft.

[Anonymous]

I almost never have cash on me. I'd literally have to goto an ATM to pay. I'd rather restaurants just charge customers the cc fee if that's their issue (but I'm on team #shadyactivities)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A Vietnamese place near me only takes cash.
I think they hide a large amount of it, and/or pay their illegal workers in cash.
I am surprised it’s actually allowed for a restaurant to not accept credit cards. But I don’t care either way.

That could be but that's racist. It's usually because the credit card companies are charging 10% to the restaurants for usage.

Vietnamese here and no it's not racist. A lot of Chinese places around me take cash-only.
Of course it's to eliminate credit card fees, but it's also, obviously, so they can pocket a bit of tax-free income.
Tale as old as taxes.

or course it's racist. the PP could have said "small business near me" uses cash only

Not every specific mention of nationality or ethnicity has to be racist. Breathe a little.

- Asian foreigner who finds all these claims of microagression/racism exhausting and ultimately harmful. It hides the real acts of racism that can seriously injure or kill someone.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Definitely tax evasion. Years ago, my former federal law enforcement agency executed a search warrant at the home of the owner of a well know cash-only Peruvian chicken restaurant. Kind of like the movie Sicario, they found millions in cash hidden behind the walls.

no it isn't. Checks can be traced. haven't you been recently offered 10% off for cash or check? It's to avoid the 10% fees on the credit cards now

There is no 10% fee for credit cards. Stop repeating it.

Read and learn about Merchant Fees. https://directpaynet.com/lower-credit-card-processing-fees/

So you didn’t read your own link?

“Here is the range of average credit card processing fees per credit card network:

Visa: 1.4% – 2.5%
Mastercard: 1.5% – 2.6%
Discover: 1.55% – 2.5%
American Express: 2.3% – 3.5%”

Idiot.

Moron…

Maybe you missed all of the other ancillary fees charged by the company that provides those terminals charge ABOVE what the major credit card companies collect.

My dentist does not have a card reader which accepts Google or Apple Pay nor can it process cards with RFID as a new terminal would cost them $2000. This is of course having already had to get a new terminal to accept the chip cards years ago.

Moron!

What kind of dentist can’t afford $2000?!?

[Anonymous]

Anonymous wrote:I met a friend for breakfast this morning. He offered to pay. When I sat down, I noticed written on a dry erase board, “We accept cash or check only.”

I had cash in case he forgot he had offered to pay, but it was probably the first time I had been to a cash only establishment in awhile (that was not a dispensary). I was also in shock they still took checks.

Their policy didn’t seem to affect their sales as they were packed with a waiting line.

Have you been to other cash only establishments.

Name the restaurant

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Definitely tax evasion. Years ago, my former federal law enforcement agency executed a search warrant at the home of the owner of a well know cash-only Peruvian chicken restaurant. Kind of like the movie Sicario, they found millions in cash hidden behind the walls.

no it isn't. Checks can be traced. haven't you been recently offered 10% off for cash or check? It's to avoid the 10% fees on the credit cards now

There is no 10% fee for credit cards. Stop repeating it.

Read and learn about Merchant Fees. https://directpaynet.com/lower-credit-card-processing-fees/

So you didn’t read your own link?

“Here is the range of average credit card processing fees per credit card network:

Visa: 1.4% – 2.5%
Mastercard: 1.5% – 2.6%
Discover: 1.55% – 2.5%
American Express: 2.3% – 3.5%”

Idiot.

Moron…

Maybe you missed all of the other ancillary fees charged by the company that provides those terminals charge ABOVE what the major credit card companies collect.

My dentist does not have a card reader which accepts Google or Apple Pay nor can it process cards with RFID as a new terminal would cost them $2000. This is of course having already had to get a new terminal to accept the chip cards years ago.

Moron!

What kind of dentist can’t afford $2000?!?

Dentists that work on troll teeth since no one is being charged 10% on credit card transactions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A Vietnamese place near me only takes cash.
I think they hide a large amount of it, and/or pay their illegal workers in cash.
I am surprised it’s actually allowed for a restaurant to not accept credit cards. But I don’t care either way.

That could be but that's racist. It's usually because the credit card companies are charging 10% to the restaurants for usage.

It just happens to be a Vietnamese restaurant!
When I come across an Italian or an American one doing the same, I will suspect the same, I promise.
Not for a second I believe that a cash only place reports 100% of their cash.

and you could have said "small business owner near me" . . .

Ridiculous.

oh, so if they said "black business owner near me"... you wouldn't object? hello?

[Anonymous]

Anonymous wrote:I almost never have cash on me. I'd literally have to goto an ATM to pay. I'd rather restaurants just charge customers the cc fee if that's their issue (but I'm on team #shadyactivities)

The one place I know has an ATM which looks shady AF too