4 ms·
Cash? There aren't many stores that are "credit card only". You'd be turning away customers.
by legutierr 14y ago
Cash? There aren't many stores that are "credit card only". You'd be turning away customers.
- pc86 14y agoNot to mention that it's illegal. You cannot turn someone away who wants to pay with cash, that whole "legal tender" thing.
- heywire 14y agoThat is a common misconception [0] [0] http://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx http://www.treasury.gov/resource-center/faqs/Currency/Pages/...
- pc86 14y agoThank you for this. From the relevant paragraph: > This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise.