Visa is bribing small businesses to stop accepting cash

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Visa is bribing small businesses to stop accepting cash

Visa is bribing small businesses to stop accepting cash

The future is cashless — especially if Visa has anything to say about it.*

The credit card and payments company is urging restaurants to stop accepting cash with its new Visa Cashless Challenge, which comes with a $10,000 prize.*

“At Visa, we believe you can be everywhere you want to be, and that it should be easy to pay and be paid in more ways than ever, whether it’s a phone, card, wearable, or other device,” Jack Forestell, Visa's head of global merchant solutions, said in a statement. “With 70 percent of the world, or more than 5 billion people, connected via mobile device by 2020, we have an incredible opportunity to educate merchants and consumers alike on the effectiveness of going cashless.” Read more...

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