do you know why vendors take credit cards, square and applepay, even though those services charge several percent fees? part of it is for convenience for the customer, but another part is that shuttling cash around to the bank and back is time consuming, risky, and takes you away from running your business (let's say you are a breakfast place, you don't make your own cups and napkins or farm your own eggs and coffee either)
>product is money so you'd only stand to make a profit never a loss
you're grabbing the expense part of the business that everybody else is trying to shed. Let's talk also about time value of money. All the money that you've invested in cash is not making money passively as other investments do. Compared to putting the money in the stock market, you're losing 7% a year on this scheme, plus the expenses of running your business, and opportunity cost of not doing something else that generates income.
>product is money so you'd only stand to make a profit never a loss
you're grabbing the expense part of the business that everybody else is trying to shed. Let's talk also about time value of money. All the money that you've invested in cash is not making money passively as other investments do. Compared to putting the money in the stock market, you're losing 7% a year on this scheme, plus the expenses of running your business, and opportunity cost of not doing something else that generates income.