Here in southern Europe on the other hand, cash is a crucial part of the tax evasion economy
At least in the US, individual businesses don't like dealing with credit because of the transaction fees but are kind of forced to thanks to everybody else taking credit everywhere.
Of course, the big chains love credit and are happy to pay the transaction cost because it lets them audit all the transactions and increase their control over local managers and employees. Presumably, the big chains also negotiate lower fees.
I wonder if that hinders tax evasion at all since there's presumably a pretty reliable paper trail of cash transactions.
They're increasingly common here in Portugal, at least.