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Old 01-23-2020, 07:17 AM
 
Location: New York, NY
12,746 posts, read 8,195,587 times
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https://www.ny1.com/nyc/all-boroughs...ikely-to-pass-
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Old 01-23-2020, 07:21 AM
 
5,290 posts, read 6,114,361 times
Reputation: 5462
Isn't this "interference in the free market?"
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Old 01-23-2020, 07:31 AM
 
43,375 posts, read 44,091,553 times
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I assume that since US currency/cashe is legal tender it needs to be accepted for payment by businesses.
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Old 01-23-2020, 09:06 AM
 
Location: New York, NY
12,746 posts, read 8,195,587 times
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Quote:
Originally Posted by Wells5 View Post
Isn't this "interference in the free market?"
I don't see how. What I find annoying about the practice is businesses don't make it clear BEFORE you enter that they only take cards. Sometimes I want to pay with cash to avoid overspending, and I've went to a few places and they're like OH we don't take cash after you have waited in line. For the most part, I rarely walk around with cash, but when I want to be firm about how much I spend, I will take cash out specifically for that, otherwise I walk out spending double what I planned because it is so easy to swipe and go.

Besides, accepting cash doesn't cost businesses anything. There's no "transaction fee" like there is with cards. Apparently several other cities have passed similar legislation.
https://www.cbsnews.com/news/san-fra...arms-the-poor/
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Old 01-23-2020, 09:13 AM
 
Location: Manhattan
1,871 posts, read 4,254,532 times
Reputation: 2937
So far, I've been in only a few business that didn't take cash and it's annoying because they are also the types of businesses that have those cheap iPad terminals that ask you for a tip for the privilege of being rung up for something.

I agree that in person businesses should be required to take cash. It's not interference in the free market. It says right on every bill "This note is legal tender for all debts public and private".
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Old 01-23-2020, 09:33 AM
 
983 posts, read 925,591 times
Reputation: 1252
Quote:
Originally Posted by Wells5 View Post
Isn't this "interference in the free market?"
The USA has never been a free market society. Megacorps have been bribing and lobbying the government to crush their competition and give them an unfair advantage for over a hundred years.
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Old 01-23-2020, 09:40 AM
 
Location: Harlem, NY
7,884 posts, read 7,790,148 times
Reputation: 4120
theyre supposed to accept cash.. wtf man

everyone isnt a terrorist
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Old 01-23-2020, 09:53 AM
 
2,386 posts, read 1,177,475 times
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Places that don't take plastic are more annoying.
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Old 01-23-2020, 11:28 AM
 
3,403 posts, read 3,554,356 times
Reputation: 3734
Sure, you can force business to accept cash, but business can have a policy say, “we don’t want your business with our own discretion without any explanation”. Done and done!
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Old 01-23-2020, 12:26 PM
 
Location: Staten Island
2,301 posts, read 1,128,085 times
Reputation: 3617
I don't like businesse that are cashless, but that is their choice and they shouldn't be forced to accept cash. A lot of businesses went cashless to reduce employee theft.
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