From small businesses to national parks, the transition to electronic payments is making operations more efficient and secure while also reducing costs. Businesses and public institutions are highlighting the benefits of credit and debit card payments for safety, cost savings, and efficiency.
A small business owner emphasized the security advantages by stating, “We don’t have to worry about people coming in and trying to rob the place,” when comparing card payments to cash. Similarly, a National Park Service employee noted that the park could discontinue using armored car services, saving money. Bankrate points out that employees often spend hours counting cash at the end of their shifts, which can be reduced with card payments.
Employees also experience intangible benefits from this shift. A store clerk mentioned that relying more on card payments means “closing takes approximately three minutes and for that reason I get to go home and put my toddler to bed.”
The discussion includes perspectives from business owners, employees, and industry leaders on the impact of going cashless. It is suggested that investing in new technologies and establishing national data security standards will enhance the payment system.