More businesses do away with cash transactions during pandemic

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The number of businesses that have gone cashless in the United States has doubled since the pandemic began, according to a recent survey by Square. Photo by Shutterstock.

The number of businesses in the U.S. that no longer accept cash has doubled since the pandemic began, according to a recent survey by Square. Many made the switch based on guidelines from the CDC. Staff like it too, and most customers don’t mind. 

However, some cities have passed laws preventing businesses from banning cash, saying such rules are discriminatory. LA is buying into a cashless future and has an initiative to support business owners from low-income and disadvantaged communities.