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Not so fast: Cashless backlash delays move to walletless economy

from CBS News

Travas Clifton, owner of ModCup Coffee Co., which has four locations in Jersey City, New Jersey., said his 9-year-old daughter was the brains behind a policy that was transformative to his cafe business. Clifton, who hails from the United Kingdom, noticed that fewer transactions at his stores were taking place in cash, yet the time and cost associated with managing, collecting and depositing the greenbacks at the end of the week remained the same. more


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