Penny shortages are cropping up at some stores across the United States, including Kwik Trip, Home Depot, Kroger and more.
US retailers are appealing to Congress for a new law allowing them to round purchases to the nearest nickel as new supplies of pennies dry up, according to a letter seen by Bloomberg. “Businesses ...
Several retailers have started to roll out policies as they run out of pennies. Here’s what to expect if you’re paying with ...
Some stores are rounding transactions to the nearest nickel and encouraging customers to pay with plastic, citing the Treasury Department’s decision to phase out the penny.
Legislation is necessary to allow rounding to the nearest nickel, per NACS' letter to the Senate Banking and House Financial Services Committees. In its letter, NACS stated that businesses need ...
Kwik Trip is stopping the use of pennies in cash transactions due to the U.S. Treasury's decision to end penny production. It's implementing a "penny-free" cash-rounding policy where the purchases ...
McDonald's has come under scrutiny for implementing a new cash payment system that forces some customers to pay slightly more ...
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