Small businesses, who have a policy of not accepting credit cards, it’s time to revisit it. According to a recent Square study, 79 percent of Canadians choose to pay with their cards over cash, and 47 percent do not frequent cash-only businesses. In fact, the average Canadian carries $46.50 in cash on them, and only visits the bank every 17 days on average to withdraw cash. All of this means that it’s a risk for Canadian business owners to not accept cards. Just ask Jim McKelvey. He lost a $2,000 sale for a glass faucet because his business didn’t accept a customer’s credit card. But, by adding mobile wallet services such as Apple Pay, a company is being flexible and showing potential customers that they are forward-thinking.

Read more: Cash is no longer king, as small businesses who don’t accept cards will learn to their detriment