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submitted 1 month ago* (last edited 1 month ago) by mycodesucks@lemmy.world to c/memes@sopuli.xyz

What do you mean you can't make change for a $20?

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[-] UncleArthur@lemmy.world 23 points 1 month ago* (last edited 1 month ago)

In the UK, most independent shops prefer cash to avoid paying EFTPOS fees. It's therefore common to see "Cash is King" signs by the tills. In fact, some businesses (e.g. fish and chip shops and barbers) retain cash-only policies.

Edit: grammar.

[-] jqubed@lemmy.world 10 points 1 month ago

In the US credit cards are the most common, which typically charge the merchants a 3-5% processing fee, so I’ve seen more and more places offering a discount for paying with cash.

Italy: transactions under 10€ rarely (if ever) have any fees.

Over 10€ is still rare for them to have any fee, but even if they have, they are usually so small that nobody considers them. In fact, if someone prefers cash, I automatically think they want to avoid taxes (mostly VAT).

[-] tja@sh.itjust.works 4 points 1 month ago

In Germany this is also the case in the surface. In reality it's just easier to avoid taxes with cash

this post was submitted on 23 Jan 2026
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