As noncash payments take the lead some merchants are deciding that they no longer want to accept cash. But while there are costs to managing cash (and digital payments, too, obviously), there can also be a cost to a brand for refusing to accept it.
Shake Shack founder Danny Meyer recently penned a blog post giving three reasons why his restaurants were going cashless. Consumers pushed back, giving one reason why they hated the idea and, in the end, their wishes prevailed.
TNS securely delivers more than 24 billion payments transactions each year for customers in 60+ countries globally. Find out why we are trusted by hundreds of merchants, banks, acquirers, processors, ATM operators, payment service providers and others
Over the years, I have found it interesting and informative to follow the adventures of new companies as they start to make a name for themselves. About a year ago, I was introduced to a company out of China called...