3. What Is A Cash Transaction? Defined, How They Work, And …
Link: https://livewell.com/finance/what-is-a-cash-transaction-defined-how-they-work-and-example/
Description: WEBOct 24, 2023 · A cash transaction refers to an exchange of physical currency, such as banknotes and coins, between a buyer and a seller. Unlike other forms of payment, such as credit cards, checks, or digital transactions, cash transactions are immediate and do not require any intermediaries. In general, cash is widely accepted as a form of legal tender.