Cryptocurrency Q&A What type of payment is cash?

What type of payment is cash?

Fri Jan 10 2025 | 6 answers 1199
I am trying to understand what category of payment cash falls under. Is it a specific type of transaction or does it have a unique classification in the world of payments? What type of payment is cash?

6 answers

Sun Jan 12 2025
Retailers are among the businesses that commonly receive a portion of their payments in cash.

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Sun Jan 12 2025
Grocers also accept cash as a form of payment for goods sold.

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Sun Jan 12 2025
Restaurants often allow customers to pay for meals using cash.

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Sun Jan 12 2025
Cash payments primarily involve the use of currency notes and coins to settle transactions.

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Sun Jan 12 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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