Bill Maurer, a professor at the University of California-Irvine who directs the school’s Institute for Money, Technology and Financial Inclusion, said many businesses go cashless for “speed and convenience." That especially includes quick-service restaurants that are “trying to move people through quickly,” Maurer said. … “In going cashless, you are kind of self-selecting a clientele that’s gonna be a little more higher end, spend some more money," Maurer said.

For the full story, please visit https://www.nj.com/politics/2018/12/some-businesses-want-to-make-you-pay-with-a-credit-card-or-your-phone-by-not-accepting-cash-nj-could-soon-ban-that.html.

 

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