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8 businesses that love cash (summer edition)

June 27, 2019 Share
With summer, comes fun...and with fun, comes cash. For those of you enjoying the sunshine in your home town or taking trips to a new place, here are 8 reasons to keep cash around.

1. Amusement parks and fun fairs

There are a few reasons amusement parks still see high volumes of cash. One is park vendors who may not have the equipment to process cards. Also, some areas of the park might not have great reception, which can interfere with wireless payments. Automated vending machines and other amenities may also require cash. Read more...

2. Charities

Despite innovation in charitable giving over the years, cash remains the main way in which people give. Did you know that in the UK, people donate more than £300 million to charities each year in the form of loose change? Read more...

3. Food markets and fairs

With food and plant items, you can also reserve space at local farmers markets and sell your items in that setting. Flea markets allow vendors to sell a variety of different items, from handcrafted jewellery to secondhand goods.Read more...

4. Souvenir shops

Souvenir shops may see high numbers of cash transactions for some of the same reasons zoos, aquariums, and amusement parks do. Many souvenir shops are located near or even within these establishments. People buying souvenirs are usually tourists, so again, cash is likely the preferred method of payment. Read more...

5. Walking tours

If you live in an area that’s popular with tourists, you can set up a tour guide business where you offer set tours or answer questions in exchange for cash payments. Read more...

6. Food carts and ice-cream vans

Cash payments can work well for businesses selling items that don’t cost a lot, so customers are likely to have the cash on hand. A coffee cart is perfect for those quick transactions. Read more...

7. Bakeries

On top of paying £39 each month to rent a card reader she never wanted, one British Baker she also has to cough up £1.85 for each transaction after being 'caught in a trap,' taking on the costs of a card reader only to shackle herself to a system not worth its crust. Read more...

8. Craft breweries

Many breweries operate restaurants and souvenir shops. As noted, smaller transactions are normally paid for with cash. If someone decides to cap off their visit with a beer, they may pay cash, especially if their refreshment is under $20. Read more...

Can you think of other industries that thrive in the summer with the help of cash? Share your appreciation for them with us by using the hashtag #CashMattersSummer, or by tagging us on any of our social media feeds: Twitter, Facebook, LinkedIn, Instagram or Youtube.

Last Updated: Aug. 1, 2019

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