NY Cash Acceptance Law

[upperdeck]

so does this mean cash back in the dome?

 

[orange79]

New York State Enacts Cash Acceptance Law | Insights | Holland & Knight

New York Senate Bill S4153A requires retail establishments and food stores to accept cash payments for in-person transactions and prohibits charging cash customers more than other payment methods.

www.hklaw.com

Missing Exceptions: Notably, the law does not explicitly exclude vending machines, parking facilities, live sporting events or rentals of consumer goods, which sets it apart from similar statutes in other jurisdictions.4 Because on-premises internet transactions are covered by the law, the treatment of bill payment and financial services kiosks under the law is ambiguous.

According to this, it's hard to say. Seems as if sporting venues will need to accept cash. I guess MSG forgot to send their lobbyists.

 

[OrangeXtreme]

New NY law bans businesses from going fully cashless: What about NYS Fair, Dome, amphitheater?

The JMA Wireless Dome and Empower FCU Amphitheater have been fully cashless.

www.syracuse.com

 

[upperdeck]

I saw a story in the D&C the red wings wend cashless and were all set for the new law. No one really seems to know,

 

[upperdeck]

Lax is is gonna about be over when the law goes into effect March 20. I wonder how SU plans on dealing with it for the FB season.

The couple notes I see.

Excludes transactions over $20 from being cashless. So parking over $20 does not have to take cash.
There is no exclusion for sporting events it says.

You can not charge less money for cash than for a CC.

Places I see this are the small places like Ice cream/Coffee and such who always seem to have a Cash price.

But even a take out joint would have some issues with this. Your local Chinese place where now you create 5 orders instead of 1 to get the cash price.

$20 seems like an odd bar to jump over. I give my kid $20 he can go buy 2 hot dogs, but once he gets 3 he needs a CC.

 

[Archbold44]

Prices should always include local taxes anyway, like at a gas station. The idea that you do not even see the final price when shopping is pointless and unnecessarily confusing. But I think that this would solve so much of the coinage/penny "problem." On some products, go up to the next nickel; on others, go down.

And I will never be fooled by the $9.99 thing anyway. That is $10... with or without tax being added on.

And get off my lawn.

 

[longtimefan]

Prices should always include local taxes anyway, like at a gas station. The idea that you do not even see the final price when shopping is pointless and unnecessarily confusing. But I think that this would solve so much of the coinage/penny "problem." On some products, go up to the next nickel; on others, go down.

And I will never be fooled by the $9.99 thing anyway. That is $10... with or without tax being added on.

And get off my lawn.

The US Mint lost money on every penny it produced. Problem is, it loses even more on every nickel it spits out.

 

[upperdeck]

Why do we care if they lose money on producing money. Their goal isnt to make money, its to make life better for us. Much like we could save money with no police or fire fighters or army or building roads too.
That wouldnt make our way of life better though.

 

[TexanMark]

Prices should always include local taxes anyway, like at a gas station. The idea that you do not even see the final price when shopping is pointless and unnecessarily confusing. But I think that this would solve so much of the coinage/penny "problem." On some products, go up to the next nickel; on others, go down.

And I will never be fooled by the $9.99 thing anyway. That is $10... with or without tax being added on.

And get off my lawn.

Yeah I remember when gas was 33.9 at the Hess at Sweetheart Corner...those sneaky thugs...it was really 34 cents a gallon.

 

[Niastri]

Why do we care if they lose money on producing money. Their goal isnt to make money, its to make life better for us. Much like we could save money with no police or fire fighters or army or building roads too.
That wouldnt make our way of life better though.

I'm a 'Merican, me no need roads, me have F250. You have big field me drive through.