Excerpt
'...The Vancouver Sun article quotes Kit and Ace spokeswoman Anna Cordon as saying Kit and Ace stores in North America, Great Britain and Australia have all gone cashless. "We don’t have phones on the shop floor, and we don’t accept cash … Our goal is to save people time and remove clutter while shopping."

'Not everyone agrees. Credit card companies charge merchants at least 1.5 percent on each transaction. Canadian Federation of Independent Business Executive Vice President recently said, "For a small business on a slim margin, these can be big costs. Customers are usually very aware of their own fees, but they are often unaware [that] when a business takes credit card transactions, business owners are paying fees, as well..."'