How can retail businesses manage the issue of finding change for customers?

[Min George]

One of the problems that businesses face is finding change when they want to sell to customers who are with higher currency denominations than the price of the product. So many retail businesses miss sales because of no change.

How can retail businesses solve TV problems of no change?

 

[Fire&Rain]

Retail businesses can handle the problem of no change in a few practical ways. One common approach is encouraging digital payments like mobile money, QR codes, or card transactions, which remove the need for physical cash entirely. Another option is keeping a float of smaller notes and coins specifically for giving change, and training staff to manage it efficiently. Some stores also round prices slightly or offer small value addons to make giving exact change easier. Planning ahead and monitoring cash levels daily can prevent lost sales due to customers having larger bills.

 

[King Belieal]

Some retail stores that sell lots of things in cash in my location always go to banks to get small denomination of currency notes in my exchange for the biggee denominations.