I was trawling YouTube earlier (as you do lol), and came across and interview with a businessman that I follow and he was asked if we are becoming a cashless society - this made me think. So are we coming a cashless society? This is a very hard question to answer simply, and to be honest it's also a Yes and No answer. In the past, it was simpler in the fact that if your business was a cash based business then you could take your cash and pay it into the bank .... now this is just not possible in a lot of towns. If you take payment by card (debit or credit), you don't need to pay it in at the bank, but you do not get the full amount that you are paid as the card processing company take a small percentage. If you do take cash in your business, and then when you pay it into bank, they will charge you for doing this (they also charge you for taking cash out as well!). In a lot of towns (like Halesworth) you don't have any banks so paying it in is even harder. You do have the op...
A randomly updated blog from the manic mind of Humphs, the owner of MFW-Services