The practice of lodging establishments accepting physical currency as payment remains relevant in the hospitality industry. This payment method allows individuals without credit or debit cards, or those preferring to manage their finances with cash, to access temporary accommodation. The acceptability of hard money depends on several factors including local regulations, internal policies of the business, and prevailing economic conditions.
Maintaining the option for cash transactions provides a degree of accessibility and inclusivity for a broader customer base. Historically, cash was the primary form of exchange, and while electronic payments have become prevalent, a segment of the population still relies heavily on it. Additionally, cash provides anonymity for those seeking privacy in their transactions and can serve as a reliable backup when electronic payment systems experience outages or limitations.