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UPDATE: What I heard from the Vending Industry
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<p>[QUOTE="omahaorange, post: 1359566, member: 28199"]Cash will be around for a long, long time. But, that doesn't mean it use will stay the same or diminish. There are many advantages to using a card rather than cash, at least for the consumer. But for commerce, card use makes some sense. It's far easier and safer to move larger sums of money electronically, instead of with cash. And the technology is there for the flea market people to accept credit or debit card purchases via wi-fi and cellular networks connecting to the internet. I have seen this at some of the larger outdoor (and indoor) craft shows. Most flea market vendors and private auto transactions are cash (and I suspect you already know this) because there is no paper trail, and thus no taxes to be paid. In addition, most of these people want to maximize their profit, no matter how shady, in the same manner that people gripe about and look for ways around eBay and Paypal fees.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1359566, member: 28199"]Cash will be around for a long, long time. But, that doesn't mean it use will stay the same or diminish. There are many advantages to using a card rather than cash, at least for the consumer. But for commerce, card use makes some sense. It's far easier and safer to move larger sums of money electronically, instead of with cash. And the technology is there for the flea market people to accept credit or debit card purchases via wi-fi and cellular networks connecting to the internet. I have seen this at some of the larger outdoor (and indoor) craft shows. Most flea market vendors and private auto transactions are cash (and I suspect you already know this) because there is no paper trail, and thus no taxes to be paid. In addition, most of these people want to maximize their profit, no matter how shady, in the same manner that people gripe about and look for ways around eBay and Paypal fees.[/QUOTE]
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