06-14-2013, 09:58 AM
It costs less to take credit cards than checks. Especially if you're struggling and have thin margins, one bad check can wipe out an entire day's profits. People will also spend a lot more money if they are putting it on plastic than if they are limited to cash on hand. Even cash has it's problems. Dishonest or even just incompetant employees can skim off as much money (or more) than the credit card transaction fees and one robbery can set a merchant back weeks. When I can, I pay with plastic and tip with cash.