4 ms·

Is that legal in US? Poland for example has a law saying that cash must be accepted, refusing cash payments results in immediate fine of about $135

by mamon 9y ago

qrbLPHiKpiux 9y ago
Land of the free. Home of the brave. It’s a “free” country.
notl4wy3r 9y ago
In the US, cash must be accepted as payment for (edit: public) debt. However, there is no requirement that all transactions must accept all legal tender. A business owner can refuse to enter into a commercial relationship with you on the basis of your method of payment. https://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx https://www.treasury.gov/resource-center/faqs/Currency/Pages...
- tombrossman 9y ago
  It's legal but I believe it requires collecting payment upfront to make enforcement practical. The bus company example is pretty good - you get on the bus and pay how they prefer or you don't ride. If you ate at a restaurant which had a 'no cash' policy, I'm not sure how you would resolve a situation with a client who was willing to pay in cash only. Would the restaurant be able to refuse your cash and say you ate without paying?
  - friedButter 9y ago
    >If you ate at a restaurant which had a 'no cash' policy, I'm not sure how you would resolve a situation with a client who was willing to pay in cash only. Would the restaurant be able to refuse your cash and say you ate without paying? I doubt it would be too difficult to find another customer who would swipe their own card in exchange for cash from the cash paying customer... free reward points after all. (Infact many people do something similar in India, we receive a fixed allowance which is tax exempt but can only be spent on food, this is given via a special debit card or vouchers. You pay for someone else's food using the voucher and take cash from them)
ghaff 9y ago
Legality seems to depend on the state, e.g. https://www.bostonglobe.com/business/2016/08/03/paying-cash-some-stores-say-thanks-greenbacks-credit-only/a4EvjwgTpI7r4lD3xVOENO/story.html https://www.bostonglobe.com/business/2016/08/03/paying-cash-... In general though, probably yes so long as it's stated in advance. And there are certainly many situations where you wouldn't expect to be able to use cash; I can't mail Amazon a stack of bills.
astura 9y ago
Yes it's legal. Are online retailers in Poland required to take cash?

Is that legal in US? Poland for example has a law saying that cash must be accepted, refusing cash payments results in immediate fine of about $135

by mamon 9y ago

Is that legal in US? Poland for example has a law saying that cash must be accepted, refusing cash payments results in immediate fine of about $135

qrbLPHiKpiux 9y ago

Land of the free. Home of the brave. It’s a “free” country.

notl4wy3r 9y ago

In the US, cash must be accepted as payment for (edit: public) debt. However, there is no requirement that all transactions must accept all legal tender. A business owner can refuse to enter into a commercial relationship with you on the basis of your method of payment. https://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx https://www.treasury.gov/resource-center/faqs/Currency/Pages...

tombrossman 9y ago
It's legal but I believe it requires collecting payment upfront to make enforcement practical. The bus company example is pretty good - you get on the bus and pay how they prefer or you don't ride. If you ate at a restaurant which had a 'no cash' policy, I'm not sure how you would resolve a situation with a client who was willing to pay in cash only. Would the restaurant be able to refuse your cash and say you ate without paying?
- friedButter 9y ago
  >If you ate at a restaurant which had a 'no cash' policy, I'm not sure how you would resolve a situation with a client who was willing to pay in cash only. Would the restaurant be able to refuse your cash and say you ate without paying? I doubt it would be too difficult to find another customer who would swipe their own card in exchange for cash from the cash paying customer... free reward points after all. (Infact many people do something similar in India, we receive a fixed allowance which is tax exempt but can only be spent on food, this is given via a special debit card or vouchers. You pay for someone else's food using the voucher and take cash from them)

ghaff 9y ago

Legality seems to depend on the state, e.g. https://www.bostonglobe.com/business/2016/08/03/paying-cash-some-stores-say-thanks-greenbacks-credit-only/a4EvjwgTpI7r4lD3xVOENO/story.html https://www.bostonglobe.com/business/2016/08/03/paying-cash-... In general though, probably yes so long as it's stated in advance. And there are certainly many situations where you wouldn't expect to be able to use cash; I can't mail Amazon a stack of bills.

astura 9y ago

Yes it's legal. Are online retailers in Poland required to take cash?