Taking a payment opinions please. Like cash app or venmo or paypal or??

[Joe Chartreuse]

At no point did anyone suggest not taking cash. This is 100% about what app(s) are worth using for people who don't carry cash.

Ah. I misunderstood. My bad, and apologies.

 

[Sam Summey]

I think you would be surprised at how many customers you are not getting because of that policy. Of all of the guns I own, three of them involved getting a USPS money order. Unless it is a true grail gun, I walk away if they do not accept electronic payments of some sort, not only is it not worth the hassle of going to the post office, there are zero real protections once that certificate leaves your hands.

Not that Paypal/Venmo can/will do anything for a F&F transaction, but it is more secure.

I'll survive without your business. BTW I do more transfers than sales, I do more custom/repairs than I do transfers or sales. Finding someone that can/will fix their firearms is more difficult than you can imagine. If they want their firearm back after repair, cash or check. I am timely compared to my nearest competitor. No one seems to object to cash or check. I work on a lot of antique 19th and early 20th Century firearms. My latest pain in the butt was a 1873 P model clone with 5 bullets stacked up in the barrel. (When there are that many you can't drive them out with a "range rod".)

 

[Yaworski]

I pointed to the line on the bills that says "This note is legal tender for all debts public and private". I also said that their singular way of paying a restaurant bill seems a touch shady. Then I sort of wondered out loud if I should call the Treasury to find out

Common misconception is that businesses have to accept cash for goods & services. They don't. "Legal tender" applies to debts and breakfast is not a debt. A business could say that they only accept Quatloos.

There are several places- like doctors' offices- that don't take cash. While I understand it in some cases (office theft, for instance) and people just go along with it, that doesn't make it legal.

Totally legal.

Is it legal for a business in the United States to refuse cash as a form of payment?​

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.

Section 31 U.S.C. 5103, entitled "Legal tender," states: "United States coins and currency [including Federal Reserve notes and circulating notes of Federal Reserve Banks and national banks] are legal tender for all debts, public charges, taxes, and dues." This statute means that all U.S. money as identified above is a valid and legal offer of payment for debts when tendered to a creditor.

 

[thinckley]

I'll survive without your business. BTW I do more transfers than sales, I do more custom/repairs than I do transfers or sales. Finding someone that can/will fix their firearms is more difficult than you can imagine. If they want their firearm back after repair, cash or check. I am timely compared to my nearest competitor. No one seems to object to cash or check. I work on a lot of antique 19th and early 20th Century firearms. My latest pain in the butt was a 1873 P model clone with 5 bullets stacked up in the barrel. (When there are that many you can't drive them out with a "range rod".)

I already have a gunsmith, thanks. He takes Cash, Checks (only for well known customers), CC, and Venmo.

Wish you the best of luck, but based on your own statement, I would guess you are losing business to your nearest competitor. It's obviously okay for you, and I respect that. Doesn't change the fact that convenience plays a part in consumer decisions.

Regardless, OP already stated there are no guns involved, and is looking for suggestions for taking electronic payment. He's not arguing for, or against, e-payment. He's recognized that it might be necessary and he wants to make sure he doesn't go down the wrong path.

 

[Sam Summey]

Ah, Yea of little faith, I have all the business I want. When I first retired and fixing guns for folks grew, I went from going to the range three days a week to (if I am lucky) 3 days a month. Business has never suffered. My next competitor only works on what he wants to, if the customer is lucky, he may get his repair back in 3 months. Items that come into his business, if he feels it is beneath him, he gives them to his children to take apart and maybe fix. I have fixed many items that the customer got tired of waiting on and got his parts back and brought to me to repair and reassemble. BTW they accept credit cards.

 

[roylt]

From 2005-2012 I was the chair of a DU event. The first 3 years it was a smallish event and we didn’t worry about dealing with anything but cash or credit cards. I tried to think of things that I disliked at the different fund raisers I attended and figure out how to solve the problem. To me the worst thing was at the end of the night when you had to stand in line to pay the bill you ran up. When we went to a pay as you go system which meant we would have to bring in multiple credit card machines from around the country, we brought in extra ATM,s and people figured out pretty quickly cash was a good solution, to not have to stand in line. They would bring in cash what they had budgeted to spend (thus the ATMs) but they could go get more cash, our goal was to tempt people to spend over the budget. It wasn’t uncommon for our treasurer to haul home over $200k-$300k just in cash. Thus the need for armed security when he left. I can’t even imagine trying to figure out 4 other ways to pay. Some would say I’m old, I will willingly concede to being old fashioned.
When I say old fashioned, I still cling to the cash is king theory.
I don’t understand the other options and will not willingly participate knowing it is part of the plan for us to have a cashless economy. I will resist as long as possible.

That is a good point. There is probably an ATM onsite already.

Still not real sure how it will all shake out but I do appreciate the inputs given.