Very precious.
Posted on 08/13/2016 9:00:07 AM PDT by upchuck
... 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.
"What we've seen is a push toward electric payments because of convenience, especially for Generations X and Y and onward," said Greg Burch, vice president of strategic initiatives as Ingenico Group, which makes payment systems for merchants. "The phone has become more personal than the wallet has."
... Using cards or mobile apps is increasingly popular with younger generations, but stores have good reason to like the trend, as well. Moving away from cash removes the cost of storing and transporting bills and coins, which merchants like. It also reduces the potential for physical theft.
The downsides? One is a loss of anonymity because cash allows consumers to make transactions without a paper trail.
Another negative impact is stores that refuse cash may be effectively shutting out many lower-income customers. About one out of 13 U.S. households are unbanked, which means they have don't traditional banking accounts, such as checking or savings accounts. Such families tend to be lower-income and rely on cash to make their purchases.
(Excerpt) Read more at cbsnews.com ...
You sound like me. Also, as of yet, no tax on the rewards.
Another concept most of our math deficient citizens can’t understand is:
When something is on really on sale and has a long shelf life and is something you use all the time. Buy it, charge it and pay for it later from your worthless savings acct getting zilch interest.
I have 4 credit cards, and one is payment due in the first week and on down to the 4th week. Use the one that was just paid off for a few weeks to 4 weeks of no interest.
All 4 of my credit cards are Visa. Costco used to be a pain re the bill due the 1st of the month. It seemed like the 1st fell on Fri-Sun a lot. So I had to pay the bill early to avoid a penalty. Now Costco accepts Visa. Yesterday @ Costco, we filled up our gas tank and bought stuff charged to a Visa card due 4 weeks from now.
I use electronic banking, so payments and transfer of funds is is easy to do.
Dittos for the people who wait until their purchase is rung up, then take out their checkbook and proceed to write their check.
Think this through.
This would mean that I can DEMAND that someone sell me something, because I have cash. Like telling a Christian bakery they have to sell me a cake for a gay wedding, because I have cash.
What ever happened to the "RIGHT TO REFUSE SERVICE TO ANYONE" law that was on the books ?
Of course, I see where they are going with this (tracking your purchases, limiting loss due to theft), but it seems certain laws are being ignored in our country based only on WHO is involved in them.
The obvious choice for us is to not use places that won't accept cash, if we don't agree with their policy.
Go to the Post Office, Try to use one of their stamp vending machines.
I have my Discover cashback tied to Amazon, too, only I had to proactively accept the service. There was no behind my back and, besides, the cashback is only applied to the Amazon balance if I so specify.
You seem to have made a mountain out of a molehill.
Certainly every point-of-sale has surveillance cameras and whether you pay cash or not, the federal government has very accurate records of every single item that you purchase. Be it a corn dog, a can of Dr. Pepper or women's lingerie that you plan to wear in private.
If you want a rum and coke on United, you better have a credit card.
If Hillary get’s elected , the transaction fee will be 97%.
No, that’s not what the legal tender cases say at all. They say that U.S. money is “legal tender for all debts”-—meaning you don’t have to go into “debt” (i.e., buy anything). The courts have only ruled that IF you buy something, the seller-—without a prior written contract to be paid in gold or some other form-—MUST take U.S. currency.
This has been well established beyond challenge in the courts and the vendors will lose. I suppose they could make everyone sign a statement ahead of time saying payment in debit cards is all that is accepted, but it would have to be a contract agreed to.
I know.
I was commenting on the article, not you specifically.
One interesting thing I thought of is that the powers-that-be just redid the 5,10, and 20 dollar bill to reflect the politically correct tendencies of our nation. But it’s implementation will be right about the time they want to go cashless.
I wonder how all that will play out.
Very precious.
Go to this link to see how our forces of evil think of everything to accommodate the users of our tax $’s.
https://www.google.com/?ion=1&espv=2#q=california+ebt
That is only true as long as they ACCEPT CASH to begin with.
If their policy is check, money order, or credit card only, they do not have to accept cash.
The only legal concept I know of concerning cash is that if you offer to pay PART of a debt, instead of the FULL amount, they cannot REFUSE to take your payment (in whatever form that is).
“Cash transactions cannot be tracked.”
Don’t be too sure. Cash is certainly harder to track, but if the government, for example, wanted to know every buyer of ammunition at an Academy store, for example they could (and probably do) do the following:
1) Log all electronic transactions (that takes care of 80%, my guesses here).
2) ID the cell phones of the cash buyers (probably 95% of them have active, registered, cell phones). They may have to use store security cameras for verification.
3) Use transponder interrogators for cars with transponders (used for toll collections). In Houston they already have them up and down our freeways, as well as on our toll roads.
4) Use high-quality License Plate Readers, which are in very widespread usage and, in some areas, already log every trip that every driver makes. Stick them at the entrances to Academy help narrow down the difficult to identify ammunition buyers.
5) Use digital facial recognition cameras at the checkout counters, and have them linked to the DMV databases.
So, while there are ways to defeat pigs looking for ammunition buyers, and while cash is certainly a good start, it doesn’t assure anything.
Several years ago I tried to pay for a Hotel room in South Florida with cash. I say “tried” because when I went to pay the Clerk looked like I had pulled a gun.
She couldn’t figure out what to do. So she disappeared for a few minutes. Came back and she had to get in touch with management to tell her how to account for it. After several minutes of waiting I finally gave up and paid by CC.
Same trip, I paid for a 12 pk of beer with a $100 bill. Same look. They did have a cash register so they finally figured it out.
A lot of this is being pushed by CREDIT CARD COMPANIES who stand to make more profit.
“Treasury permits private businesses to set their own policies, which means going cashless is fine with Uncle Sam.”
Awful nice of the Treasury Department to allow businesses to set their own policies.
I had a cashier accidently clear his register and didn’t know what change he owed me, you could see the panic in his eyes. I told him how much but he could have looked on the receipt!
Yes, they can. And for a lot more than just the cash on hand. Same applies to thier customers.
And voice recognition. And try to buy something at the hardware store, even with cash, and refuse to give them your phone number.
DEA regularly mines Americans' travel records to seize millions in cash
"It is a lucrative endeavor, and one that remains largely unknown outside the drug agency. DEA units assigned to patrol 15 of the nation’s busiest airports seized more than $209 million in cash from at least 5,200 people over the past decade after concluding the money was linked to drug trafficking, according to Justice Department records. Most of the money was passed on to local police departments that lend officers to assist the drug agency."
The problem here, is government. Become as independent as possible, while you still can, learn to work around the system. Learn and start using Crypto-currencies (to some extent), develop local networks of like minded individuals who will use cash, "junk silver" (in Venezuela 1 oz silver is now worth the equivalent of $2,000), barter, etc.
Our debt based, unchecked, financial fiat systems are going down word-wide, and soon. Get prepared for it now.
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