Fast-casual restaurant @Sweetgreen says no cash, no problem
It was only a matter of time before we saw a retailer finally immerse themselves in our Cashless Society investing theme. Of course, Amazon may be ahead of Sweetgreen, but then again Sweetgreen took cash something we haven’t seen anyone pay with at Amazon. Granted it’s a baby step when we consider that less than 10 percent of Sweetgreen’s transactions were completed with cash. Now to see how many other restaurants and retailers follow in Sweetgreen’s footsteps.
The popular salad chain Sweetgreen is about to go cashless. The fast-casual chain, which has roughly 60 locations in the Northeast and California, will soon only accept payment via its app or credit card.
All Sweetgreen locations in New York, California, Illinois, and Pennsylvania will stop accepting cash on January 18. Locations in Maryland, Washington, DC, and Virginia will go cashless in March. Boston, where state laws require businesses to accept cash payments, will be exempt from the new policy.
The switch will make Sweetgreen one of the largest chains in the nation to completely ditch cash, but the change probably won’t affect too many customers. Cash purchases make up less than 10% of Sweetgreen sales.
