Cash is critical in keeping small businesses afloat, Saskatoon pub owner says
A Saskatoon business is encouraging customers to pay with cash instead of a credit card to help fight inflation.
Daniel Ford Beavis, co-owner of O’Shea’s Irish Pub, said more people are using debit and credit cards, meaning the business has to cover the service charge each time.
“We can pay between $25 to $200, $300 a day in bank fees, depending on how many people are using their credit cards,” he said.
He said by using cash the money goes directly to the business, which helps with the rising costs of operating a restaurant.
“Every little bit counts to help keep your small local businesses a float,” he said.
Keith Moen, executive director of the North Saskatoon Business Association (NSBA), said in these challenging times, some businesses are passing the service fees onto the customer.
“What a lot of the general public doesn’t realize is that a lot of these charges do come back to them, whether they’re hidden or not, so to have it upfront is a more transparent way of ensuring the customer is aware of all the costs small businesses are facing,” Moen told CTV News.
He said businesses need to get creative and find ways to encourage customers to use cash.
Ford Beavis said his business doesn’t plan on passing along services fees to consumers.
He said they’ve looked at incentives for getting customers to use cash, but they haven’t found one that works. Regardless of how the customer pays, he says the most important part is supporting local.
“If all you have is your card, we’ll happily take you in, and we’re happy to have people coming out and supporting local,” he said.
CTVNews.ca Top Stories
DEVELOPING Slovakia's populist prime minister shot multiple times in attempted assassination
Slovakia's populist Prime Minister Robert Fico is in life-threatening condition after being wounded in a shooting after a political event Wednesday afternoon, according to his Facebook profile.
Transport Canada's UFO 'lead' planned to meet with U.S. intel officials, called info requests a 'wild goose chase'
Canada's transportation department had a UFO 'lead' who tried to 'quell' media interest and planned to meet with U.S. intelligence officials.
'Very expensive lunch': Sask. driver handed a cell phone ticket for using points app in McDonald's drive-thru
A warning from a Saskatoon driver about using your fast-food app while in the drive-thru line — a trip to get some free lunch cost him a lot more than he bargained for.
'The Fly' has become notorious in France after a brazen escape. What's his criminal history?
A prisoner nicknamed “The Fly” has become notorious in France overnight after a daring and bloody escape from a prison convoy in Normandy that left two guards dead.
BREAKING Ontario's 'crypto king' Aiden Pleterski arrested
Aiden Pleterski, the self-proclaimed 'crypto king' from Whitby, Ont., has been arrested in Durham Region after allegedly running a Ponzi scheme worth more than $40 million.
BREAKING Barge hits a bridge in Texas, damaging the structure and causing an oil spill
A barge hit a bridge in Galveston, Texas, on Wednesday, spilling oil into surrounding waters and closing the only road to a small island, officials said.
Person responsible for 1996 drugging of 'Titanic' crew likely not a local: Halifax police
Halifax Regional Police believe a non-resident could be responsible for the infamous drugging of numerous crew members of the 'Titanic' movie with a hallucinogenic in 1996.
Latest updates on the biggest wildfires burning in Canada
Thousands of people in Western Canada remain displaced from their homes as wildfires threaten their communities, triggering evacuation orders and alerts.
OPINION Your attention span is shrinking, studies say. Here's how to stay focused: Sandee LaMotte
Regaining your focus requires you to be mindful of how you are using technology -- a daunting task if you consider the average American spends at least 10 hours a day on screens.