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by bridge
Fri Jan 23, 2009 12:05 am
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Place of business refusing to accept cash?
Replies: 13
Views: 2111

Re: Place of business refusing to accept cash?

If there isn't a law requiring a business to accept (or rather a law preventing the refusal of) cash there should be. There could be a lot of abuse and conflict of interest with a business only accepting credit cards, or any form interest accruing payment. Maybe progressive owns a larger share of a credit card company? And only accepting that form of payment pads their wallet? My wife use to work for a large retail company that would only offer their employees the employee discount if they used the retails stores retail credit card...which had an interest rate of 20%. Her discount was only 10%.

Obama should definitely take a good look at business practices which needless take advantage of the consumer. Given the economic conditions now I think we need more consumer protection.

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