Markets in Everything: No-Cash Restaurants
NEW YORK -- At the Greenwich Village restaurant Commerce, cash is off the menu. In the latest encroachment of credit and debit cards onto the greenback's turf, the high-end New York City restaurant said goodbye to dollars and cents this week. The message to diners: Tip in cash if you wish, but otherwise, your money is no good here. New York magazine ridiculed the restaurant, saying it should rename itself "e-Commerce."
HT: E. Frank Stephenson