Thats bulls**t. Cash is still a form of currency and should be allowed to purchase the iPhone. People could still buy the damn phone. All they would have to do is go to a different store and get two more.
Cash makes me nervous. It's so easy to lose, be stolen, damage beyond recognition, etc. I trust a bank more than myself with money, apparently. Ah well. I'm not planning on buying any cellphone in this lifetime.
________________________ If I remember what I forgot, I have not forgotten it.
Does the States implement Eftpos much? Or is it all credit and cash?
What the hell is "Eftpos?"
Although many debit cards are of the Visa or MasterCard brand, there are many other types of debit card, each accepted only within a particular country or region, for example Switch (now: Maestro) and Solo in the United Kingdom, Carte Bleue in France, Laser in Ireland, "EC electronic cash" (formerly Eurocheck) in Germany and EFTPOS cards in Australia and New Zealand. The need for cross-border compatibility and the advent of the euro recently led to many of these card networks (such as Switzerland's "EC direkt", Austria's "Bankomatkasse" and Switch in the United Kingdom) being rebranded with the internationally recognised Maestro logo, which is part of the MasterCard brand. Some debit cards are dual branded with the logo of the (former) national card as well as Maestro (e.g. EC cards in Germany, Laser cards in Ireland, Switch and Solo in the UK, Pinpas cards in the Netherlands, Bancontact cards in Belgium, etc.). Debit card systems have become popular in video arcades, bowling centers and theme parks. The use of a debit card system allows operators to package their product more effectively while monitoring customer spend. An Example of one of these systems is ECS by Embed International.
I'm pretty sure that the debit/credit card only policy is illegal.
Federal Reserve Notes still have the "Legal Tender for all Debts and Transactions" or something like that still printed on them the last time I looked....hehe I personally don't handle a lot of cash. If a retail outlet needs to deter theft or robbery by not having any cash on the premises, they still have to take a check, certified check or money order....I think.
To institute a debit/credit instrument only policy in order to track purchaces will most likely be challenged in the courts very quickly.
Ad Astra Per Aspera
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We all know what we know, and everyone else knows we are wrong.
System Specifications in BIO
No its legal in the US. You have to accept cash if someone is paying you back for a dept by US law. But if someone is purchasing something they don't have to accept cash if you don't yet owe them a debt.