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this post was submitted on 24 Jan 2024
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The following is according to the federal reserve. It may be different in another country, but it looks like this post is from the US.
This is why, when people are pissed about a bill, then try to pay several hundred dollars in pennies, the place can turn the payment down.
Since 2020 this has become a really popular conspiracy in the States, that we are marching towards a "cashless society" that will doom us all.
Had a friend from high school say that not accepting cash is an "illegal transaction" and that the tattoo place he wanted to go to should be investigated for it.
Muricans really do need to all be special little peeps, I guess
Funny thing is, there is reason to believe we are moving towards a cashless society, and there are concerning possible outcomes of this. But it's like they were smoking meth when thinking about this and made it, whatever that is, in their mind.
In the US, a government agency must accept any legal tender, including pennies. A private business can refuse specific forms of payment.
Yes, that's why I posted a statement about businesses. This is a bill from T-Mobile.
Depends on the government. Some state governments don't have to accept cash, they can require that you pay by check or money order or card.
But what about debt. What I had seen before was a requirement to take us currency for debt. This sounds like a restaurant can be credit card only. If they give you services and bill you later im not so sure.
The currency is legally acceptable for the payment of debts within the US. However, only the government HAS to take cash payments. This also requires the payment be made in person. If you are paying via mail, or some other non in person method, they have the right to restrict payment method.