cash transaction
/kæʃ trænˈzækʃən/ · cash·trans·ac·tion
noun
- a payment or exchange of goods or services using physical currency The store only accepted cash transactions for purchases under $10.
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Did you know? The first cash transactions date back to ancient civilizations, where people used commodity-based currencies like coins and shells to exchange goods and services. The use of cash transactions has continued to evolve with the development of new payment technologies.