I have noticed that shopkeepers often claim that they do not have cash to give as change since most customers prefer mobile/online payment . Do citizens in your country face this problem due to mobile payments?
Shopkeepers do not have cash due to electronic payment
- Thread starter neku
- Start date
More and more businesses are moving towards mobile and online payment options, which can sometimes leave those who prefer cash feeling left out. While the convenience of mobile payments is undeniable, it's important for businesses to still accommodate customers who prefer traditional forms of payment.
The electronic payment companies are sometimes criminally defaming those who pay cash as having black money, when paying cash is usually safer than making electronic payment, especially for those who do not have safe mobile phones.
With the rise of cybercrime and data breaches, it's understandable why some people prefer to stick with cash.
Yes, so I try to transfer the exact amount to them so that I might not even need the change from them that's the best bet.
The cashless system is slowly and steadily becoming a norm in our society. With most people receiving their earnings electronically, they want to spend it electronically too.
Gradually, a lot of businesses is switching over to online payment. It is convenient and more professional. With online payment, all the transactions you make can easily be tracked through your statement of account.
While most people in my city use credit cards or electronic payment, there are still people who prefer to pay cash. So far, no big problem for stores not having enough cash.
Offering multiple payment options can hel p attract a wider range of customers , and increase sales .
