Cash transaction requirement. HR-4395

fathom

Just passed committee.

Help the hobby? Irrelevant?

Out of sight out of mind? Interesting debates on this bill coming.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.congress.gov/bill/117th-congress/house-bill/4395?s=1&r=9&ved=2ahUKEwjW1uW2oO73AhWom44IHQlmAigQFnoECAYQAQ&usg=AOvVaw3ipOIrIQamXhptiKoIsW9e

jmlanzaf

Irrelevant. I don't know of any coin businesses that refuse cash.

LanceNewmanOCC

"prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash"

has anyone encountered paying with cash as a punishment?

my experience is that cash transactions have always only gotten me better deals, sometimes MUCH better.

silverpop

most times places will take cash as payment to them it's profit no matter what

jmlanzaf

@LanceNewmanOCC said:
"prohibits them from charging cash-paying customers a higher price compared to customers not paying with cash"

has anyone encountered paying with cash as a punishment?

my experience is that cash transactions have always only gotten me better deals, sometimes MUCH better.

Some retailers, especially during Covid, were refusing cash completely - including our campus. I am not aware of anyone charging extra, however, but that may be an attempt to prevent someone working around the legislation. If you are currently refusing cash, you could choose to accept cash with 100% transaction charge, for example.

ricko

I have seen restaurants add a 3% fee for credit cards... I always pay in cash now since I encountered that atrocity. Cheers, RickO