Do you think customers would object to "no coin change"?

[inhawaii]

I'm my B&M store, do you think customers would object to a "no coin change" policy,

rounding their purchase up or down to the nearest dollar?  No need to stock the till with coins!

You think that's even legal?

[alcoforever]

I think a lot depends on what type of store you have.

An appliance or furniture store could easily round to the dollar, no big deal, assuming your typical sale is several hundred dollars and the cheapest item in your store was $20.

A convenience store where a plastic bottle soda is now $1.25  would draw some ire if rounded to $2.00.  

[inhawaii]

---

@alcoforever wrote:

A convenience store where a plastic bottle soda is now $1.25  would draw some ire if rounded to $2.00.  

---

A $1.25 soda would be rounded DOWN to $1.

Thanks for everyone's input and opinions.  It was an eye-opener for me. I learned a lot. 

I also wanted to add that currently in my B&M store, if the cash drawer is low/out of change, we often round UP the customers change. 

Change due: 57 cents

Change given: $1

[moondogblues]

"That's actually illegal in the US or I should say against credit card policies & if they get reported to the CC co's, they can take away the merchant's privilege of accepting that CC.   The CC companies take it pretty seriously.  "

I thought so too, and argued the point with a bar that charged a dollar to use a card.  But in my state, OR, it is not illegal at all.  So it must be up to the State, not the CC company.

[reallynicestamps]

It's been normal in Canada since we got rid of the penny a while back.

We just round up or down.

But if we are using a card instead of cash we pay exact amounts.

Since we also have an added sales tax, most people have no idea what they will actually be charged anyway.

This is the secret to having free universal health care.

All those extra pennies we collect.

It already costs more than 1¢ to make a penny, and more than 5¢ to make a nickel.

Seriously.

Since you can use a coin more than once, perhaps the same coin for decades, the cost of making it is irrelevant.

[bashort]

No but I do think that everything should be rounded off to $.10, get rid of penies and nickles and replace dollar bills with a coin.