Posted on 08/13/2016 1:53:37 PM PDT by 2ndDivisionVet
To get a glimpse of the future of commerce in America, look no further than Sweden.
The Scandinavian country is largely a cashless society, with consumers relying on mobile phone payments or plastic. While the U.S. is still far from achieving the same level of cash-free existence, increasing numbers of restaurants and retailers are now snubbing the lowly dollar bill.
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....
(Excerpt) Read more at cbsnews.com ...
“Big Mistage. HUGE!”
My business is cash or check or elsewhere.
If requiring voter ID is discriminatory against minorities, then refusing cash is REALLY discriminatory of minorities.
Yeah, well, here in the US I will refuse to patronize some pissy little restaurant if they do that.
Likewise. In fact, I’ve been increasing my use of cash and check and limiting credit card purchases.
Sounds stupid to me since they get discounted on every dollar they take in. Plus the owners don’t get any cash.
Me too.
My first thought also. Poor folks of color be like "yo, my EBT a credit card, right"?
That will work, for awhile.
Soros and the Beast want everyone tattooed, and a totally cashless society.
Why, is easily answered.
5.56mm
The way Sweden is going, they will take goats instead of cash.
“far from achieving the same level of cash-free existence”
You say that like it’s a bad thing.
Let’s see. I can use a card, get 1% back, and they can pay processing fees, or I can pay cash, get nothing back, and they keep all the money.
The only way this makes sense to me is if employee theft is far greater than the merchant fees.
Long way from “achieving” cashlessness.
Way to wear your bias on your sleeve CBS.
eliminate cash means total control (tpp?)
Same here-contract labor, doing the little low-dollar-and-profit jobs bigger crews don’t want, taking cards makes no sense-most customers don’t have them anyway...
What will life be like when the government can block your access to water with the click of a mouse?
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