Merchants who don't take cash (credit cards, stores, purchases, bills)

[tassity22]

An ice cream store in my area doesn't take cash. The owner said everyone uses debit or credit cards and he's afraid that cash could be "counterfeit", so he doesn't take it. Has anyone else heard of this?

[Pitt Chick]

I have heard of store owners getting burned with counterfeit bills, so yes.

[tassity22]

But have you heard of stores that don't take cash?


Everyone has heard about counterfeit money. That wasn't really the question.

[Pitt Chick]

Ummm.... I did say "yes" in my reply!

And they do it because of the possibility of counterfeit bills.

[s1alker]

There are a number of tiny businesses in my area that are cash only still.

[snj90]

Nope. Haven't heard of it. And I wouldn't like that very much. Small businesses generally seem less fond of payment cards than cash because of transaction fees.

[convextech]

Originally Posted by tassity22

Has anyone else heard of this?

A lot of stores don't take cash. They also don't get robbed.

[elnina]

Not where i live. You can still pay with cash, debit or credit cards, even write a check... Money is money, no matter what.

[wit-nit]

Merchants who don't take cash are fools, especially ice cream stores etal where most of their sales are under $20.00. Most counterfeit bills are of the denomination of $20's, 50's and 100's. Counterfeit detecting pens run about $2.00. Other detecting methods are available. Use them.
I don't see many people using debit or credit cards for tiny purchases. I sure don't. Merchants get charged 3-5% for people using those cards. Not a good management decision. They probably get shoplifted for more than they lose on sales.

[shortel]

Those pens that supposedly detect counterfeit money dont always work. The only true way is to know about the security features of each bill. Most money has that identifier thread built into the bill.