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Digital ‘absolutely cannibalizing’ cash as Canadian stores, shoppers snub cash

It’s a choice some in the industry say is likely to become more commonplace
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Over the next year and a half, Alan Bekerman plans to grow his healthy fast-food chain Iq Food Co. from five to up to 11 locations and not a single one will accept cash.

“It was one less thing that we had to think about, which is a huge benefit,” says Bekerman, who tested the idea at two locations when he first opened in February 2016 before expanding the pilot to all five of his Toronto eateries earlier this year.

He’s

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