Claire Atkinson: Visa offers small businesses $10K to ban cash

Visa, the world’s largest retail payment firm, is ramping up its war on cash.

Just four months after the Supreme Court ruled that small businesses had the right to advertise lower prices for customers who pay cash, Visa is hawking a “cashless society” contest that gives small businesses $10,000 — if they stop accepting paper altogether.
Visa, like all card companies, likes the idea of a cashless society because it gets a cut from a business every time a customer swipes. Small businesses had sued to get the law overturned, saying it violated their freedom of speech.