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The role of cash - European Central Bank
WebCash in advance means just what it says: you’re paid for your products in advance of delivering your goods to the customer. Strengths. Weaknesses. Least risky form of payment for you—you get your money at the time of the sale. Cash in advance provides the working capital you need to process the order; there’s no strain on cash flow. WebDisadvantages of credit cards: Credit Cards can add another level of difficulty to bookkeeping and accepting credit cards can be an added monthly expense in most … WebSep 9, 2024 · Thus, one disadvantage of cash payments is that you must always have cash on hand to remain viable. Hard to make large payments It is not convenient and safe to make large payments with cash. They … newest amd motherboards 2022