Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States.
Bold move to assume they’ll take cash. Many places gave up on cash during the pandemic and many of those haven’t gone back to taking cash.
I used to hate the “convince” fee companies charged for using a credit card, but when it’s reframed as a cash discount, it’s not as aggravating.
That said, plenty of places are electronic payment only these days. Scary times, given the payment processor monopoly and their ability to determine what you can and can’t buy.
Bold move to assume they’ll take cash. Many places gave up on cash during the pandemic and many of those haven’t gone back to taking cash.
I used to hate the “convince” fee companies charged for using a credit card, but when it’s reframed as a cash discount, it’s not as aggravating.
That said, plenty of places are electronic payment only these days. Scary times, given the payment processor monopoly and their ability to determine what you can and can’t buy.
All dispensaries around my area take cash. There’s a couple of them that are cash only
I was amazed the first time I found one that took plastic.
If payment processers are blocking these payments, then yes, dispensaries will start accepting cash. They’d be suicidal not to.