Visa looking to help small businesses go cashless

SAN FRANCISCO — Visa is looking to push more small businesses into updating their digital payment technology, offering up to $500,000 to 50 U.S.-based small business owners that are committed to going cashless.

To participate in Visa Inc.'s Cashless Challenge, small business restaurants, cafés or food truck owners will need to describe what cashless means for them, their employees and customers.