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Thread: Why Are So Many Higher End Restaurants In Tokyo Cash Only?
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Old Jan 1, 2013 | 3:56 pm
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Originally Posted by tcook052
Yes and very different than N. America & especially Canada which I read recently has one of the highest percentages of "non-cash" transations, debit & CC, at almost 75% with almost half being by debit alone. IIRC the article said Japan was to the other extreme at approx. 75% cash for all commercial transactions.

I literally go weeks without paper bills in my pocket here but will have to adjust for my upcoming trip to Tokyo.
It's different though as Interac is a not for profit organization and fees for that are 15 cents or so which is fair considering the risks with cash (counterfeit, time it takes to count, giving out change/waiting for customer to pay a desired amount.)
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