GoHomeJones's Blog

I may be wrong,but I thought the law was you had to accept the payment in pennies if that was what the customer wanted to pay with.I have seen signs in places that read they PREFER not to accept cash but this is a new one on me.

I think by law they have to accept cash.
Who is this place?

It bugs me when places stop accepting checks. I don't carry cash because you can't track where you spend it. I don't like using charge cards for everyday purchases, yet there are places that insist you must use a charge card to get services like haircuts, manicures or the like. I can see a time when these same places will stop taking cash because they can't monitor employee theft.

cash money is cumbersome and obsolete , why not carry around one of those fifty pound round stones they use in Yap, also known as Wa'ab for locals .

cash money is only good for buying illegal drugs as every bill in America has traces of cocaine on it

Way to go Ironman !

People don't want cash, because they can't read, write, or count, and have no idea how to make change, or write a receipt !

If this is a government entity, it i snot right...If it is a private company, if you don't like it do your business somewhere else.

The government has no constitutional authority to tell a private business what they can accept as payment.

If you use a check card you can run it as a debit card or credit card. If you run it as debit you could find ATM type surcharges, but the business gets to keep more of the money you pay them. if you run it as a credit card, the business keeps less, but Visa and your bank make more.

Personally, if I go to a "mom & pop" I opt for the debit, just because I know it is cheaper for them, but if I go to Wal-Mart/Target, they are going to run it as credit!

Banks use "points" as an incentive for you to use them as credit so they can make more money.

I recently found out that it is a breech of their contract with the credit card company for a merchant to set a "minimum purchase" limit and they can get in trouble for refusing purchases because it is below the limit.

Cute, illusions. More and more people are using their debit cards, instead of checks. Wal-Mart, for example, will take your check, but they instantly turn it into cash.

Places don't want to accept checks, because it's too easy to pass a bad one, then they're stuck without their money (that's what made Wal-Mart change their strategy).

Accepting cash, makes it too easy for employees to steal funds from the till. Throw the bill away, take the cash, etc. And, cash usually means carrying change.

People don't know how to make change anymore, either. They let the registers do it for them.

I stopped by Grandy's this afternoon. My purchase came to 8.57. I handed the girl $10. She gave me back my change (.43), but neglected to give me the dollar bill to go with. Until I said something to her about it.

They have no idea, what should be given back. They just put everything in one hand, along with your receipt.

I really look for them to do away with the cash portion of our monitary system, and just use cards, eventually.

FYI about credit cards, smaller places sometimes don't carry the service because they pay a percentage on charges. It isn't just so they can avoid taxes.

My doctor's office won't accept debit or credit cards, but gladly welcome cash and checks. That information would have come in handy for my first visit, because all I brought with me was my debit card. I was really surprised and just thought they were behind in the times.

When I managed an office, we were always receiving calls to change our "Merchant" account. By this I mean, that Visa and Master Card, do charge a fee, depending on the volumn (dollar wise) of charges. If you volumn is high enough, you might only pay 2% on your charges. Most times, it's 2.5% or 3%.

Gray, you're correct, Amex is very proud of their fees. If you're very lucky, you might only pay them 4%, otherwise it's usually 5% or higher.

Have a Safe and Happy Easter, everyone.