Think you know what it means for small businesses to accept credit and debit card payments? As more people are going cashless, merchants are finding they need to adjust or get left behind. In this edition of Morning Brew, hear from the owners of a Connecticut restaurant who ONLY took cash for most of the two decades they’ve been in business … that is, until they realized consumer spending habits were changing.
“Just about two and a half years ago, we were seeing too many people come in with their cards,” says Christine McGee, co-owner of Brendan’s 101. She and her husband, who are also cashless pioneers, say accepting credit and debit was the right move for them. The transition wasn’t nearly as difficult or costly as they had assumed and it’s increased business.
See how payment technology they didn’t even think about a couple of years ago, is now an indispensable part of their lives.
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