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When The Cash Register Doesn't Take Cash

posted by FatPhil on Tuesday January 09 2018, @05:43AM   
from the just-the-tip dept.

Justin Case brings us this story from NPR's Morning Edition:

Bluestone, which now has 20 stores in the U.S., went cashless last October.

A big reason: Nearly 90 percent of customers [...] never paid in cash.

Another reason: The lines move faster when employees don't have to make change.

"We see a lot of guests that pay for a meal with a credit card, but will always leave a cash tip. And I think people like doing that. People like palming a bartender a $20 or palming their server a $10. Palming the bus boy a couple bucks," said Fileccia.

There are also people, he said, who want to keep their meal off the books — if they're having an affair, for example.

No, businesses are not required to accept cash: https://en.wikipedia.org/wiki/Legal_tender

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Original Submission

• Re:Legal Tender(Score: 2) by All Your Lawn Are Belong To Us on Wednesday January 10 2018, @10:32PM

  by All Your Lawn Are Belong To Us (6553) on Wednesday January 10 2018, @10:32PM (#620687) Journal

  Legal citation, or stand down. And Juilliard v. Greenman does not count - that case was strictly about whether or not banknotes carried the same force as coin as Legal Tender. (i.e. you say you accept Cash but then refuse banknotes and accept coins... That's not legal.)

  As to your examples.... You drop a $100 bill on the table of a restaurant for a $1 McDouble (yeah, I know Mickey D's don't work like this), restaurant refuses, you try to walk away. They may call the cops. Cops may or may not arrest you for theft. But I sue you, I'm gonna get my dollar.

  By the way... you want authority for the above? Try the U.S. Treasury. https://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx [treasury.gov]

  [The Coinage Act of 1965, 31 U.S.C. 5103] means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.

  You're welcome.

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