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Author Topic: Stores to customers: "Cash not welcome here"  (Read 800 times)

felipe

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Stores to customers: "Cash not welcome here"
« on: 16 Aug 2016, 06:43:13 »
http://www.cbsnews.com/news/stores-to-customers-cash-not-welcome-here/ is about the trend away from cash. Living in Guatemala where cash is king (well, Quetzales -- using US$ is getting harder and harder, it's pretty interesting. I am all for electronic money but something anonymous such as bitcoin rather than getting tracked by your spending.

Quote
Some merchants such as SweetGreen, a salad chain, refuse to open their registers for cash, telling customers they can pay only with mobile payments or cards. With some newer vending machines, only a card or mobile wallet will get that cold Coca-Cola to roll down the chute.

The stance may appear un-American -- after all, currency is considered legal tender for all debts or dues -- but the Treasury permits private businesses to set their own policies, which means going cashless is fine with Uncle Sam.



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