Nine Reasons Why Your Restaurant Should Go Cashless (and Three Reasons Against)

There’s been a big shift in spending habits over the last decade. Not necessarily on the things we spend money on (although that’s certainly changed too), but the way we actually spend our money. Card payments and digital transactions are rapidly taking over from coins and banknotes.

According to a report from UK Finance, more than five million people lived a near-cashless lifestyle last year, with debit cards taking over as the UK’s most popular payment method.

Benefits of Going CashlessAs a restaurateur, there are a number of benefits to abolishing cash payments in your restaurant and “going cashless."

Here are some of the main ones:

#1 There’s less risk of theftAfter a busy day, your till is (hopefully) heaving to the brim with cash. Coins and banknotes can be pleasingly bulky, but having so much cash lying around is a risk. It’s a tempting target for opportunist thieves or even untrustworthy members of staff. However, if all your payments are taken by card, there’s…