Cannings Free Range Butchers in Hawthorn Victoria have gone cashless. The sign on their window says they made the move to improve hygiene, save shoppers time, keep their costs down and eliminate errors.
Other benefits of cashless trading for retailers include less employee theft, less health risk and better management options. While cards can contain germs like cash, some research indicates the indigence is less than with cash.
Challenges for newsagents making a similar move include transaction size and volume as well as customer patience at the checkout. However, as customer traffic and shopper visit purpose changes the opportunities for us going cashless will also change.
This move to cashless trading is interesting, one for us to watch and consider.