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re: Cash is King bill passed the LA legislature today.

Posted on 4/23/24 at 7:24 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37320 posts
Posted on 4/23/24 at 7:24 am to
quote:

I understand it’s card only at Saints games and such


Most major event venues across the country have gone to this.

quote:

Which I assume would include a fee on top of already ridiculous prices for concessions etc.


Your assumption is incorrect.
Posted by Dixie2023
Member since Mar 2023
1686 posts
Posted on 4/23/24 at 7:54 am to
I bet the fee is baked into that $12 beer. Won’t argue cards are easier. But one should have a choice. I don’t want a cashless society, although I rarely carry it.
Posted by LegendInMyMind
Member since Apr 2019
55499 posts
Posted on 4/23/24 at 10:52 am to
quote:

Which I assume would include a fee on top of already ridiculous prices for concessions etc.

quote:

Your assumption is incorrect.

You pay that fee. Whether you realize it or not, or whether it is outright stated or not, you pay it. Any business that does card transactions is not footing the bill for a per-transaction charge. I've actually been in three different restaurants in the past few months that have signage that openly states there are two prices, a cash price and a card price, with the cash price being cheaper.

You do pay a fee.
Posted by junkfunky
Member since Jan 2011
34040 posts
Posted on 4/23/24 at 12:17 pm to
quote:

Most major event venues across the country have gone to this.


And it is illegal for them to do so.

quote:

31 U.S. Code § 5103 - Legal tender


United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.


I don't understand why the treasury doesn't just enforce existing laws. Seems redundant that this needs to be codified.
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