News for hackers. Stuff that matters.

A comment on VISA offers restaurants $10,000 to stop accepting cash.

Re:VISA offers restaurants $10,000 to stop accepting cash by kijin on Saturday July 15, 2017 @02:41AM (#14775327)
Is this even legal? Cash is legal tender for all debts, public and private.

Whenever I order food and services at a real restaurant (not a fast-food joint where I must pay up front), I incur a debt with the expectation that I will settle it as I leave. Can the restaurant legally refuse to accept cash as settlement for my debt, as long as I'm not using cash in a blatantly unreasonable way such as paying $250 in dollar bills?

[ Parent | on HN ]
Re:VISA offers restaurants $10,000 to stop accepting cash by vmarsy on Saturday July 15, 2017 @02:55AM (#14775377)
It seems that it would not be legal, unless announced upfront : http://www.news-leader.com/story/news/watchdog/2014/12/24/as...
[ Parent | on HN ]
Re:VISA offers restaurants $10,000 to stop accepting cash by techsupporter on Saturday July 15, 2017 @02:54AM (#14775374)
If they tell you up front, "no cash," before you order, you are free to walk away and the merchant is under no obligation to enter into the transaction with you.
[ Parent | on HN ]