[firesteelrain]

I think GP is saying that, when paying with cash, because there is no option for sub-5c prices, the only option is to round to the nearest 5c.

If price is $1.03 then for cash customers, the price has to become $1.05. If paying debit or credit card then the price can stay $1.03 because there is no cost for computing pennies.

The optics of the change is that it does cost more for the consumer if paying cash and if you have a society that wants to push more people to digital transactions then this is how you start to do it along with the optics and ramifications that go with it.

[scarface_74]

The general practice is to round up or down to the nearest unit when paying cash. That means if you only have nickels, you either round up or down to the nearest 5 cents. It should average out. Absolutely no one is getting rich off of this.

The entire world is already moving to digital currencies and even if you do everything with cash, rounding up and down to the nearest nickel - per total transaction is not going to make a dent in anyone’s budget - even the poorest people.

If you make 4 cash transactions a day and your total transactions are always rounded up, you’re going to be out of $3.60 a month and that’s the worse case.