Comment by raverbashing
3 hours ago
> but does the cost for handling cash really scale (even approximately) proportionally with the number of transactions or revenue?
Yes, it sounds weird but it does
- Providing change is a pain and it's a "fixed time" cost
- Moving money around (also some banks charge for money deposits for commercial accounts)
- Dealing with "shrinkage" in various ways (even if you have insurance)
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