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 Replies: 21 / Views: 700 |
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Pillar of the Community
 United States
6493 Posts |
One year at the Wendy's drive thru, I had a bill of $5.78. So I gave the kid at the window $6.03. He carefully slid the 3¢ off the bills, handed it back to me, and let the automatic change dispenser spit out 22¢ in change.
Now I just tap my card.
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Moderator
 United States
95443 Posts |
just walk into a shop that wont take cash, wave a $100.00 bill and say "Too bad you don't take cash".
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Moderator
United States
188052 Posts |
Quote:
Should Businesses Be Able To Reject Cash Payments? Short answer: Yes. Which is the same as if they want to be "Cash Only." Long answer: This is not the venue for me to share it.  |
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Pillar of the Community
United States
4589 Posts |
Most won't care Dearborn.
They don't have enough cash in the drawer to make change. Store rules call for a drop into the safe where there is a modest value in the drawer to make the store less attractive for theft, etc.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Valued Member
United States
372 Posts |
Why Do Most Merchants Do Not Accept ( Zell for Payment )
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Bedrock of the Community
United States
10504 Posts |
Quote:
just walk into a shop that wont take cash, wave a $100.00 bill A few years ago I ordered at the McDonalds drive through and even though my bill came to $55 they would NOT accept a $100 bill. I drove away and that was the last time I ever went to a McDonalds. |
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Bedrock of the Community
United States
25086 Posts |
Online vendors get away with not accepting cash.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
4589 Posts |
Quote:
A few years ago I ordered at the McDonalds drive through and even though my bill came to $55 they would NOT accept a $100 bill. I drove away and that was the last time I ever went to a McDonalds. And clearly, without your business, they've closed up. Accepting cash is a business risk. Has to be stored, deposited in the bank, or picked up by an armored car service, etc. Higher-denomination bills are more frequently counterfeit and thus pose a greater risk to the business. etc. Every business is free to decide where they want to sit on the risk/reward scale. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Moderator
United States
188052 Posts |
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Every business is free to decide where they want to sit on the risk/reward scale. Correct.  You want free market capitalism? You gotta take the good with the bad, even when what is good or bad is subjective to you. (A hint at the long answer I am trying to avoid.) |
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Bedrock of the Community
United States
10504 Posts |
Quote:
BStrauss3: And clearly, without your business, they've closed up. What's the matter BStrauss3? Having a bad day and you think berating me will make you feel better? That was totally uncalled for. Edited by Marv65
06/02/2026 6:47 pm
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Pillar of the Community
United States
3635 Posts |
In many areas, multiple businesses - a majority in some areas - have moved away from cash trade for exactly the reasons already stated. I'll add a couple additional reasons: prevalence of counterfeits, increasing bank requirements for pre-processing deposits, surcharges on loose coin deposits, gasoline costs for runs to and from banks or cost plus gasoline surcharges for armored carrier services, and the relative length of time it takes for cash transactions (e.g., the little old lady delaying everybody in line while counting out cents one at a time to make an exact transaction).
EDIT: We can also add the environmental harm caused by minting coins and printing currency. The paper processing, inks, metals mining and processing, and recycling burdens are not without environmental cost.
I started the pandemic with a $20 bill in my wallet. I still have $3 from that bill in my wallet today, six full years later. Cash transactions, like checks, are largely dinosaurs. Debit or credit transactions are quick, efficient, traceable, easier to integrate into annual tax accounting, safer, and reduce time indoors and the associated COVID and other airborne viral risks.
"Legal tender" is not forced tender. All transactions ultimately come down to a willing buyer and a willing seller. If there are fewer buyers, there are fewer trades. If there are fewer sellers, there eventually are no trades. Cash isn't king. It's a needless nuisance in the 21st Century.
JMHO.
Edited by fortcollins
06/02/2026 3:49 pm
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Moderator
United States
188052 Posts |
Excellent points.  |
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Valued Member
United States
470 Posts |
Quote:
A few years ago I ordered at the McDonalds drive through and even though my bill came to $55 they would NOT accept a $100 bill. I drove away and that was the last time I ever went to a McDonalds. Since the late 1960s, I have consumed TWO McDonalds burgers, precisely two. When there was no better option than fast food, I have driven miles to a more palatable alternative. |
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Bedrock of the Community
United States
10504 Posts |
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When there was no better option than fast food, I have driven miles to a more palatable alternative. Sometimes I just gotta have a bag full of fish sandwiches at Midnight.....  |
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Moderator
United States
188052 Posts |
McD's Filet-O-Fish was my jam! Then Culver's finally showed up in SC...  |
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Replies: 21 / Views: 700 |
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Posted 05/28/2026 9:07 pm
Uncirculated American Silver Eagles 
