Cash vs Electronic Payment

[Cock Throppled]

The tipping thread got me thinking about how we pay.

I prefer to pay cash for a lot of things. It makes me realize what things cost, is fast and efficient and is accepted everywhere. Or so I thought.

Lately, many places only take credit, debit, Venmo, Apple pay or other forms of electronic payment.

I was under the impression that cash couldn't be refused.

Is it legal for vendors to refuse cash?

 

[Pumped]

Is it legal for vendors to refuse cash?

Yes, vendors can refuse cash.

It's basically a business rule like "no shirt, no shoes, no service"

You could file a complaint, but unless it's something essential -- like it's the only grocery store in your town and they refuse cash for groceries -- there's not much that the government will do to step in and force them to accept cash.

For the most part, the government(s) prefer electronic/credit/debit payments because it creates an actual record of transactions.

 

[grusse]

I noticed a spike in this during covid..seems handling cash was dangerous?

I think we're heading to a cashless society?

 

[Seekingbenefits]

This hobby is my only cash payments for a long time

 

[VinVan]

A lot of businesses say it’s safer for the employees, but I think it’s a thinly veiled way to do a couple of things:

1. It’s a way of screening out undesirables like the homeless because none of them can qualify for a CC. Or you may just not qualify for a CC because you went bankrupt. This is really about setting up two tiers in society. Whether you agree with that or not is another issue.

2. In cafes and coffee shops the owners can just keep the “tips” and keep it as revenue, shafting their employees to whom that money (if given cash tips) should rightfully go.