I’m convinced that a lot of the Chinese takeaways in the UK are used for money laundering. Like 90% of the takeaways you go to only accept cash. I get they probably want to avoid a bit of tax on their earnings, but to completely exclude card sales and potentially lose out on that business really makes me think they are up to more.
That’s true for every business that doesn’t have a tangible reason for not taking plastic.
In Germany they introduced somewhat tamper proof cashier machines and you are legally required to at least offer the receipt. That follows the same off the books problem and can change something as it applies to all forms of payment.
I’m convinced that a lot of the Chinese takeaways in the UK are used for money laundering. Like 90% of the takeaways you go to only accept cash. I get they probably want to avoid a bit of tax on their earnings, but to completely exclude card sales and potentially lose out on that business really makes me think they are up to more.
That’s true for every business that doesn’t have a tangible reason for not taking plastic.
In Germany they introduced somewhat tamper proof cashier machines and you are legally required to at least offer the receipt. That follows the same off the books problem and can change something as it applies to all forms of payment.