What if for the first x-weeks of a major product release Apple no longer allows cash to be accepted. Certainly there are legitimate buyers that only have cash (perhaps they were given cash as a gift) so what if they were allowed to get a special Apple Store gift card that could be only funded by an electronic payment which would eleviate the anonymized nature of cash. Would that put a dent in the plans of those operating this system?
I don't think you can stop people from using cash. It is legal tender. As for buying gift cards, more hoops to have legit customers jump through.
I don't think you can stop people from using cash. It is legal tender. As for buying gift cards, more hoops to have legit customers jump through.
Many airlines in the US don't accept cash for inflight purchases. (I have been told by flight attendants that the airlines seek tighter/easier inventory control.)
Many apartment complexes don't accept cash for rent payments. (They want the paper trail of proof.)
I don't think you can stop people from using cash. It is legal tender. As for buying gift cards, more hoops to have legit customers jump through.
I believe the Coinage(?) Act of 1965(?) requires debtors to accept cash to pay a debt but a business doesn't have to accept your business simply because you have cash. They can also refuse your business if you try to pay in certain types of "cash," like trying to buy a boat with pennies.
Many airlines in the US don't accept cash for inflight purchases. (I have been told by flight attendants that the airlines seek tighter/easier inventory control.)
Many apartment complexes don't accept cash for rent payments. (They want the paper trail of proof.)
I believe the Coinage(?) Act of 1965(?) requires debtors to accept cash to pay a debt but a business doesn't have to accept your business simply because you have cash. They can also refuse your business if you try to pay in certain types of "cash," like trying to buy a boat with pennies.
True but why doesn't Apple want to sell iPhones?
If you really want to pay for a boat with pennies, go ahead. I'm sure you'll have to stay until all the pennies are counted.
No idea that you're getting at. Are you suggesting Apple couldn't sell enough iPhones in the opening weekend if the Chinese Mafia wasn't involved? I think you just wrote Samsung's next anti-Apple ad.
If you really want to pay for a boat with pennies, go ahead. I'm sure you'll have to stay until all the pennies are counted.
If they take them. Again, they don't have to accept them. At some point the cost of doing business with some people is so high you lose money by doing business with them.
Comments
I don't think you can stop people from using cash. It is legal tender. As for buying gift cards, more hoops to have legit customers jump through.
Many airlines in the US don't accept cash for inflight purchases. (I have been told by flight attendants that the airlines seek tighter/easier inventory control.)
Many apartment complexes don't accept cash for rent payments. (They want the paper trail of proof.)
I believe the Coinage(?) Act of 1965(?) requires debtors to accept cash to pay a debt but a business doesn't have to accept your business simply because you have cash. They can also refuse your business if you try to pay in certain types of "cash," like trying to buy a boat with pennies.
True but those cases don't apply to Apple.
True but why doesn't Apple want to sell iPhones?
If you really want to pay for a boat with pennies, go ahead. I'm sure you'll have to stay until all the pennies are counted.
No idea that you're getting at. Are you suggesting Apple couldn't sell enough iPhones in the opening weekend if the Chinese Mafia wasn't involved? I think you just wrote Samsung's next anti-Apple ad.
If they take them. Again, they don't have to accept them. At some point the cost of doing business with some people is so high you lose money by doing business with them.
http://dailytc.blogspot.com/2015/09/iphone6-review-best-deals.html