Under Pressure, Amazon Plans To Accept Cash at Cashierless 'Go' Stores (cnn.com)
Bowing to growing pressure from opponents who say that cashless stores leave out low-income Americans, Amazon plans to take cash at its 10 cashierless "Go" stores. From a report: Amazon Go stores, located in San Francisco, Chicago and Seattle, use AI and cameras to check out customers. Amazon reportedly is considering opening up to to 3,000 by 2021. "We are working to accept cash," a spokesperson for Amazon said Wednesday. "Paying cash at Amazon Go will work as you would expect: you'll check out, pay with cash, and then get your change." Amazon did not say when Go stores will begin accepting cash. Amazon also said its bookstores will start taking cash, but did not share any details.
Steve Kessel, Amazon's senior vice president of physical stores, told employees last month that Go stores would add "additional payment mechanisms," CNBC reported earlier on Wednesday. Kessel was responding to a question about how Amazon plans to address "discrimination and elitism" at cashierless stores, according to the report. Further reading: As More Retailers Ban Paper Money, It's Making Things Awkward For Customers Without Plastic.
Steve Kessel, Amazon's senior vice president of physical stores, told employees last month that Go stores would add "additional payment mechanisms," CNBC reported earlier on Wednesday. Kessel was responding to a question about how Amazon plans to address "discrimination and elitism" at cashierless stores, according to the report. Further reading: As More Retailers Ban Paper Money, It's Making Things Awkward For Customers Without Plastic.
This is not about low-income, rather about keeping alternative to payment processors widely accepted and available.
Just consider the power VISA would have if there was no ready alternatives to paying with VISA. Without alternatives they would have an effective power to implement VAT-like tax on everyone worldwide. At least for now, ability to pay with cash keep them in check - if they get too greedy merchants would stop accepting plastic.
How is this any different than Costco requiring that you have a membership to shop at their stores? The membership keeps low income people from shopping there. Amazon shouldn't cave to SJW pressure like this.
Do you understand why "if you have nothing to hide..." argument is flawed? Well, your "Paid under every proverbial table." is exactly the same.
legal tender
noun
Denomination of a country's currency that, by law, must be accepted as a medium for commercial exchange and payment for a money debt.
Sounds to me like Amazon is making the right move. I don't see much room for interpretation for the definition of 'legal tender' here.
I still frequently find myself shopping with crypto-accepting merchants
Most of us don't shop for drugs, stolen credit cards, or child porn, so cryptocurrency is rather worthless to us.