Down at our local farmers market yesterday, only reopened last weekend so we decided to go along.
Visited one of our usual meat stores and decided I'd pay with card given the push to be cashless lately. Our purchase was $25 but the owner refused to accept EFTPOS saying there was a minimum spend of $30 to use it. I thought she meant Credit Card so I clarified and said it was EFTPOS to which she said same rules. Note this stall probably has a turnover of few thousand every weekend.
My partner reckons the stall is trying to pocket the cash off the books, but I'd like to think not and the lady was simply confused/uneducated of fees.
So my Sunday morning thoughts got be thinking:
- Do people still see minimum spends on EFTPOS today?
- How prevalent are cash off the books these days? - I know many tradies still do these, but not so much for stores.