PhilipTheBucket@ponder.catM to US News@ponder.cat · 1 year agoUS Treasury confirms the end of the pennywww.bbc.comexternal-linkmessage-square16linkfedilinkarrow-up136arrow-down10
arrow-up136arrow-down1external-linkUS Treasury confirms the end of the pennywww.bbc.comPhilipTheBucket@ponder.catM to US News@ponder.cat · 1 year agomessage-square16linkfedilink
minus-squarethesohoriots@lemmy.worldlinkfedilinkEnglisharrow-up29arrow-down2·1 year ago The phasing out of the coins will mean businesses will need to round prices up or down
minus-squareFiveMacs@lemmy.calinkfedilinkarrow-up14·1 year agoCanada did it. If you pay in cash, it’s rounded up (obviously) If you pay digitally, nothing changed. Over a decade, you probably won’t even lose a dollar unless you only pay in cash for everything.
minus-squareEntheon@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down1·1 year agoI don’t have faith that the US can do such a straightforward system without gouging
minus-squarebuffing_lecturer@leminal.spacelinkfedilinkarrow-up6arrow-down1·1 year agoIf you pay cash its rounded to nearest 5¢, up or down. At least this has been the case in my experience.
minus-squareRentlar@lemmy.calinkfedilinkarrow-up3·1 year agoIn Denmark they had rounding up or down to the nearest 25, now the 50 øre piece. If you’re half way in many countries the shop can pick. Electronic payments can still be to the lowest significant digit.
minus-squarehitmyspot@aussie.zonelinkfedilinkarrow-up1·1 year agoAustralia rounds to nearest 5c also. Digital remains the same exact to the cent.
Canada did it.
If you pay in cash, it’s rounded up (obviously)
If you pay digitally, nothing changed.
Over a decade, you probably won’t even lose a dollar unless you only pay in cash for everything.
I don’t have faith that the US can do such a straightforward system without gouging
If you pay cash its rounded to nearest 5¢, up or down. At least this has been the case in my experience.
Yes, my bad. To the nearest 5 cent.
In Denmark they had rounding up or down to the nearest 25, now the 50 øre piece. If you’re half way in many countries the shop can pick. Electronic payments can still be to the lowest significant digit.
Australia rounds to nearest 5c also. Digital remains the same exact to the cent.