alt Hacker NewsClankers found me one study [1] that suggests total handling costs may actually be this bad, but are highly business dependent e.g. restaurants are worse than grocery stores
[1] https://www.ihlservices.com/product/the-cost-of-cash-handlin...
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zahlman • today at 8:19 PM
I'm just seeing what looks like an attempt to sell me a PDF.
What actually is the source of such costs? The cashier still has to be paid even if the customer is using a card. Presumably there isn't anywhere near that much theft from registers, or people messing up giving change?
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Clank deeper, please. You gave us content marketing from the electronic payment industry:
"Does IHL Group have any connections to merchant providers?"
> IHL Group sells market intelligence, vendor directories, and lead generation data to the electronic payment industry.