More and more businesses (specifically restaurants) in Chicago are going cashless.
Only cards and e-pay methods accepted.
No bills. No coins.
Main reasons: lessen chance of robbery, speed up lines/service, lower administrative burden/cost.
The editorial board of the Chicago Sun-Times had a great response to this:
But what about the 7.1 percent? That’s the percentage of households in Illinois, according to the Federal Deposit Insurance Corp., that don’t have bank accounts. That includes some 300,000 households in Chicago.
These are Chicagoans who are more likely to be poor, young, a racial minority or mentally disabled. They use only cash.
What will they do in a cashless society?
Ald. Ed Burke is asking that excellent question. He has introduced an ordinance to limit the ability of Chicago businesses to go completely cashless, though he postponed a committee vote on the proposal Wednesday after hearing from retailers who are opposed. He thought they made good points.
Nonetheless, Burke says, nobody is looking out for the poor and the disabled in this rush to the future, and he’s right.
Read the rest:
Grace & Peace & Love to you all -
Matt