Almost made it to April
- Thread starter 375hh1973
- Start date
xTopGun
Buckeye
but, which way did you have to round it - up or down ..... ?
xTopGun
Buckeye
this is exactly how companies make pennies turn into $Millions, 160M +/- taxpayers in the US, times grabbing $0.01 per buyer per day times 365 days a year is over $60 BILLION they grabbed for free.... I'll keep my pennies, thank you.....
I stopped at a Dunkin Donuts yesterday, went through the drive through, and was told at the window, that they were a cashless store.
I had to use a credit/debit card to get my coffee fix.
Is this the future?
I had to use a credit/debit card to get my coffee fix.
Is this the future?
xTopGun
Buckeye
I stopped inside an Arby's last week to pick up a $48.16 order and was told they don't take cash when I handed them a Fifty-dollar bill. Asked for the manager who stated the same thing. Told them they could either accept my US currency or keep their food - I guess some homeless person might have gotten a nice free meal .... wound up going next door and getting some KFC instead .... ho-hum such is life these days
But don't they also round down on an equal amount of transactions as well?
Genuine question, not trying to be argumentative.
I guess the few times a year I use cash, if they get me for 3 cents each time, I'm ok with it. If I was a regular cash user, I would not.
xTopGun
Buckeye
Not sure, but I highly doubt that's happening when many stores (groceries) operate on pennies. Gas station always irk me with their $0.99 B/S . . . . .
I believe Wal Mart rounds up in the customer’s favor. I paid with cash at Wal Mart a couple months ago and that was the case.
I see more and more places moving away from accepting cash. From a business perspective it makes sense. Less chance for employee theft, faster to close out registers at the end of the night, no bank runs or having the armored truck Mae a pickup. Lots of benefits actually.
I see more and more places moving away from accepting cash. From a business perspective it makes sense. Less chance for employee theft, faster to close out registers at the end of the night, no bank runs or having the armored truck Mae a pickup. Lots of benefits actually.
coach
Hunter
A local bagel restaurant went cashless a few years ago. So I think it may be a trend although that’s the only one I know of. I can see how a small business might not like dealing with cash.
xTopGun
Buckeye
you sure you don't mean round "down"... ?
nvbirdman
Blackhawk
Some of these businesses are going to get sued.
My money still has the message "Legal tender for all debts public and private".
My money still has the message "Legal tender for all debts public and private".
Then I would get busy sueing. There are lots of places that will not take cash. Their perogative. Tho I aint gonna trade there
Internal cash theft has gone done somewhat. Low on case counts for the month? Just scrub cash variances, cash sale post voids, and cash refunds and you could pull a few out. But employees have bigger malicious goals these days....like collusion with ORC with pass offs, and online fraud. That said credit fraud has dipped a bit. POS exception based reporting now targets a bigger ROI. For example a cashier with a high percentage of transactions under a couple dollars using a sku from near the register. That sku is scanned/processed/totaled for a couple bucks and several thousand dollars of product is rolled out with receipt in hand. The cashier is usually solicited and paid prior to the crime with drugs or cash. That way the concealment is not caught on DVR surveillance. Cash cases still happen, but not the way they used to. Easier ways now other than sticking your hand in a till, grabbing/fisting/etc and concealing. Cams are fantastic these days,
Better follow the NO CASH Accepted business transactions Nowadays. Businesses have no rules on what form of payment they determine to accept. If you want to use cash at a business that isn't setup for cash transactions? Buyer beware, if it's posted.
Wrong.
There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise.
Yes it is interesting that more places are going cashless while at the same time same time many businesses are starting to add two to five percent more to your bill if you pay by card. Some differentiate between credit cards and debit cards, but I have found that many don’t differentiate.
So what is going to be? Card only or up charge for using a card?
So what is going to be? Card only or up charge for using a card?
That's what I was thinking so I decided to look it up. If you can trust Google anyway:
There are something like 114 billion pennies in circulation, so I don't think there's a shortage of pennies like they've been whining about. So it leads me to think that maybe some of the conspiracy theorists are right. At the very least, corporate decided this was a way to make some money that could be easily explained to make it sound good.
Terry Morgan
Single-Sixer
"Sorry sir, we only accept live chickens or small pigs for payment."
themousethatroared
Single-Sixer
When I was a cashier, when we counted down the drawer, if it didn't match the total on the register tape, we were in trouble. Now, I guess it's like horseshoes and hand grenades.
The cashier at Walmart refused pennies and demanded that I had her an increment of five cents above the total, so that she could hand back the nickle from the change she received form me.
Someplace else rounded up on me.
A lot of places are going to start getting an even increment of five cents below what they ask for, and watching me walk away.
By the way:
America stopped using mill coins in the 1960's, but gasoline is still measured and sold by the tenth of a cent. This is a setup to expand that chicanery across everything.
The cashier at Walmart refused pennies and demanded that I had her an increment of five cents above the total, so that she could hand back the nickle from the change she received form me.
Someplace else rounded up on me.
A lot of places are going to start getting an even increment of five cents below what they ask for, and watching me walk away.
By the way:
America stopped using mill coins in the 1960's, but gasoline is still measured and sold by the tenth of a cent. This is a setup to expand that chicanery across everything.
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I get 3% back on the card that I use for restaurants, including fast food, and gas. Since there is no discount for cash it is in my interest to use my card (which I pay off in full each month) rather than cash. The few places that charge a premium for using a credit card, or who give a discount for cash, get my money in cash. I generally have anywhere from $100 to $300 cash in my wallet at all times. If I drop below $100 I stop at the ATM.
Back when they were talking about not making any more penmies, there was some BIG name bank said 3 cents gets rounded up, 2 cents gets rounded down, but it never went far because they went to copperplated zink planchets which turn into electric batteries when your toddler swallows one.
As for cards, i dont like using them. But, then, i dont like handing out cash, either...
As for cards, i dont like using them. But, then, i dont like handing out cash, either...
'mouse...wibberly fan?
Maybe I’m lucky living in a small town area, but I haven’t run into a store yet, that won’t accept Cash. I hate using a credit card. I have learned over the years it’s too easy to use a credit card and not feel any pain. It pains me to hand over my cash, but it’s how I tell if I’m willing to hand over the cash, I must want it bad enough. As my amount of cash diminishes the harder it is to hand it out. I actually like that. I actually play a little game with myself, how long can I make this cash last? Right now I’ve only got $270 cash in my pocket and want it to last as long as possible.
I hate taking money out of the bank. I don’t even like to watch my checking account get very high , and when it does, I move it to savings, so I’m not tempted. There are a couple of gun shops here that won’t take a card, and if I don’t have enough cash, I end up not spending any money. In a day or so if I still want something bad enough I’ll go get the cash. Frequently I decide I don’t need it that bad. For the most part my only exception that gets me to use my credit card is for gas. Going through a bunch of old mail I ran across an old credit card statement that said I had paid no fees in that year.
I do believe a business has the right to not accept cash, just as I have a right not to purchase anything there. Does this mean I’m getting cramudgenly?
I hate taking money out of the bank. I don’t even like to watch my checking account get very high , and when it does, I move it to savings, so I’m not tempted. There are a couple of gun shops here that won’t take a card, and if I don’t have enough cash, I end up not spending any money. In a day or so if I still want something bad enough I’ll go get the cash. Frequently I decide I don’t need it that bad. For the most part my only exception that gets me to use my credit card is for gas. Going through a bunch of old mail I ran across an old credit card statement that said I had paid no fees in that year.
I do believe a business has the right to not accept cash, just as I have a right not to purchase anything there. Does this mean I’m getting cramudgenly?
xTopGun
Buckeye
this helps me, and probably a lot of folks, decide if a purchase is a need or a want = bye!!!
I would think the only choice if rounding off would be to round down. I know at the most it is 4 cents but still it just seems poor form to me to round up. And as I've said before, if a business is working on such a tight margin that 4cents makes a difference they need a new marketing director and other corporate executives to boot. Of course the reality is I often in the pricing of my business round up or down 5 or 10 dollars... heck I sent a proposal to to a customer on Monday and 'rounded up' $100 but then this is all off a price I came up with (made up) in the first place.
OldCracker
Bearcat
Cash is King in my book! I still like to use cash when buying locally, pretty much every store charges $3-5 extra for cc charges…yes dollars not percent. Big purchases and online I use my Cabela’s card, earn cash back to save up for more guns;-)
Tough to justifying charging $30.00, but being unwilling to accept $30.00 in payment.
Common sense? I ordered $39.xx of food from Arby's. Only had a Fifty Dollar Bill. Cashier & Manager told me that they don't accept bills over twenty dollars. Wonder what they did with the 39.bucks worth of food I ordered?
But on a better note, at the Big Orange Box cash returned to the customer if pennies are not available is always rounded up in the customers favor.
But on a better note, at the Big Orange Box cash returned to the customer if pennies are not available is always rounded up in the customers favor.
