Cashless bar? Not yet.

At Mastercard, the focus is the cashless society where everything is paid for through some other means, such as credit cards. So I’ve taken pleasure in buying someone’s drink for them at the bar. They wanted to pay for a half with plastic but there was a £5 minimum spend limit. The lightweight had no cash so I stepped in and stopped him going away dry. Cashless society? Not with current merchant fees.

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