Cash-only

Describing a business, transaction, or system where payment is accepted exclusively in the form of physical currency (bills and coins). This policy generally excludes payment methods like credit cards, debit cards, checks, and electronic transfers. It's often implemented for various reasons, including avoidance of processing fees, reducing the risk of fraud, simplifying accounting procedures, and sometimes as a means to operate 'off the books'. The practice can be a deterrent for customers who don't regularly carry cash and can limit sales volume but often is embraced by smaller businesses.

Cash-only meaning with examples

• The quaint bakery down the street operates on a cash-only basis. They have delicious pastries, and they offer a discount to people who pay with cash, however, if you forget your wallet, you'll miss out on the treats! They accept no other form of payment, so be prepared! It's the only downside.
• Before heading to the farmer's market, be sure to hit the ATM! Most of the vendors at the market are cash-only, selling fresh produce and local crafts. It is a good idea to plan ahead to ensure a hassle-free and convenient shopping experience. This allows one to easily purchase the products they desire.
• My favorite food truck is cash-only. They serve the best tacos in town! Despite the cash-only policy, a line regularly forms as people anticipate the delicious fare. I'd recommend keeping some cash for these delicious and low-cost options in your pocket. It's worth the wait and lack of credit card use.
• The repair shop has a cash-only payment policy. This business model helps keep costs down and avoids extra bank charges, making it possible to provide services at competitive prices. Even for large invoices, they request immediate payment when the work is completed, so customers need to make provisions.
• For a true experience, the unique antique store is cash-only. It is located in the historic district, which offers a glimpse of the past. To get a better understanding of the environment, be sure to take cash so you can obtain some unique and vintage items from this time machine.