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As More Retailers Ban Paper Money, It's Making Things Awkward For Customers Without Plastic (wsj.com)
An anonymous reader shared a report: Sam Schreiber was mid-shampoo at a Drybar blow-dry salon in Los Angeles when someone from the front desk approached her stylist with an emergency: a woman was trying to pay for her blow-out with cash. "There was this beat of silence," says Ms. Schreiber, 33 years old. "She literally brought $40." More and more businesses like Drybar don't want your money -- the paper kind at least. It's making things awkward for those who come ill prepared. After all, you can't give back a hairdo, an already dressed salad or the two beers you already drank. The salad chain Sweetgreen has stopped accepting cash in nearly all its locations.
Most Dig Inns -- which serve locally sourced, healthy fast food -- won't take your bills either. Starbucks went cashless at a Seattle location in January, and at some pubs in the U.K., you can no longer get a pint with pound notes. The practice of not accepting cash has become popular enough to catch the attention of American lawmakers. [...] Despite the popularity of debit- and credit-card transactions, plenty of people do still pay for things with actual money. Cash represented 30% of all transactions and 55% of those under $10, according to a Federal Reserve survey of 2,800 people conducted in October 2017.
Most Dig Inns -- which serve locally sourced, healthy fast food -- won't take your bills either. Starbucks went cashless at a Seattle location in January, and at some pubs in the U.K., you can no longer get a pint with pound notes. The practice of not accepting cash has become popular enough to catch the attention of American lawmakers. [...] Despite the popularity of debit- and credit-card transactions, plenty of people do still pay for things with actual money. Cash represented 30% of all transactions and 55% of those under $10, according to a Federal Reserve survey of 2,800 people conducted in October 2017.
Seriously? It's almost 2019 and you don't have a browser extension to bypass paywalls, and you're on /.?
That's the trap of using plastic (or worse, phones), in that it becomes too easy to blow through your budget. For me, it's often that I'll notice that I only have $20 left and decide that I don't need dessert, or something similar. Without cash, money stops feeling like a real thing to some people, they don't have an internal regulator that says "stop spending". I know people (usually in their twenties) who will spend all of their paycheck and not think that this is wrong in any way.
Yeah - that's intentional. These businesses don't want "their kind" in their establishments. Requiring cards is a low-pass filter on the people they feel are beneath them. "The trash can take itself out", etc.
"No cash" at s brick-and-mortar is a label that says "an elitist asshole runs this place".
My God, it's Full of Source!
OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
But their bank is FDIC insured. If they refuse cash the bank MUST revoke their status for transfers meaning their credit card clearinghouses can deposit the transactions.
Back in the 90s when we got paid in the military, before days of direct deposit, banks tried to refuse to cash checks if you didnt habe an account. I had 5 or 6 banks GROVELING once I started the process of revoking their FDIC for refusing to cash a governement check. Think they wont fire a customer to keep their FDIC status? Think again.