But at least in the latter case, not incrementally by much for my cash purchase. Every cash purchase does require a bit more work in counting the bills, but the time to deposit the cash doesn't change if it's to a night depository, and again just a little if face to face with a teller.
Unless the purchase is small, there's also a time cost in getting the signature, although that's small if the company is big enough to collect it with their POS terminal, and there's also back end reconciliation work to be done, manually if the place is small, like a non-chain restaurant.
No payment method is free of overhead and friction.
Unless the purchase is small, there's also a time cost in getting the signature, although that's small if the company is big enough to collect it with their POS terminal, and there's also back end reconciliation work to be done, manually if the place is small, like a non-chain restaurant.
No payment method is free of overhead and friction.