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Alaska Goes Cashless  
User currently offlineRgreenftm From United States of America, joined Jan 2008, 296 posts, RR: 0
Posted (5 years 9 months 3 weeks 5 days 1 hour ago) and read 1768 times:

Nothing new in the industry, just nice to seem the finally make the move:

http://www.alaskasworld.com/newsroom...s/asstories/AS_20080702_081757.asp

8 replies: All unread, jump to last
 
User currently offlineNASBWI From Bahamas, joined Feb 2005, 1286 posts, RR: 0
Reply 1, posted (5 years 9 months 3 weeks 4 days 22 hours ago) and read 1555 times:

I like the idea of $5 vouchers in liu of a credit/debit card. I know in many cases there are customers onboard our aircraft that are unable to purchase an adult drink/movie because they only carried cash with them. Perhaps we'll adopt a similar principle. Kudos to AS.


Fierce, Fabulous, and Flawless ;)
User currently offlineAA737-823 From United States of America, joined Mar 2000, 5642 posts, RR: 11
Reply 2, posted (5 years 9 months 3 weeks 4 days 22 hours ago) and read 1527 times:

This still bothers me on a 'rights' level.
Cash is money- I should be able to pay for anything with money.
Credit Cards are a promise- which has recently been proven a bad idea here in America.

I understand the convenience of not having flight attendants make change.

But still- money should be money.
In fact, the cash says right on it that "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE."
How can you argue with that?
In fact, it would seem to be illegal to not accept money in trade for goods...

Anybody with me on this?


User currently offlineDfwRevolution From United States of America, joined Jan 2010, 915 posts, RR: 51
Reply 3, posted (5 years 9 months 3 weeks 4 days 22 hours ago) and read 1492 times:



Quoting AA737-823 (Reply 2):
But still- money should be money.
In fact, the cash says right on it that "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE."
How can you argue with that?
In fact, it would seem to be illegal to not accept money in trade for goods...

That's only a statement of authenticity. It doesn't legislate what form of currency is acceptable for a transaction.

Persons, businesses, and even the government are free to demand payment in what ever form they see fit. If they don't want cash, tough luck.


User currently offlineSyncmaster From United States of America, joined Jul 2002, 2015 posts, RR: 11
Reply 4, posted (5 years 9 months 3 weeks 4 days 22 hours ago) and read 1444 times:
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Quoting DfwRevolution (Reply 3):
Persons, businesses, and even the government are free to demand payment in what ever form they see fit. If they don't want cash, tough luck.

It may cost more in the long rong, but Alaska'a risk is lower by accepting credit only. They are doing the right thing.


User currently offlinePPVRA From Brazil, joined Nov 2004, 8876 posts, RR: 40
Reply 5, posted (5 years 9 months 3 weeks 4 days 22 hours ago) and read 1420 times:



Quoting DfwRevolution (Reply 3):

That's only a statement of authenticity. It doesn't legislate what form of currency is acceptable for a transaction.

So long you use U.S. Dollars at some point. As far as I know you can't start a private mint, unless your purpose is collection-only.



"If goods do not cross borders, soldiers will" - Frederic Bastiat
User currently offlineAA737-823 From United States of America, joined Mar 2000, 5642 posts, RR: 11
Reply 6, posted (5 years 9 months 3 weeks 4 days 21 hours ago) and read 1317 times:



Quoting DfwRevolution (Reply 3):
That's only a statement of authenticity.

No, it isn't.

The watermarks, hidden metal strip, fancy paints... those are all things which authenticate the note.
Otherwise, the quote would have to read, "This baby is real, but that doesn't mean you can use it anywhere."


User currently offlineN801NW From United States of America, joined Jul 2004, 744 posts, RR: 1
Reply 7, posted (5 years 9 months 3 weeks 4 days 21 hours ago) and read 1261 times:



Quote:
Question I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?

Answer The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."

This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.

US Treasury FAQ's


User currently offlinePetteri From United States of America, joined Aug 2007, 264 posts, RR: 0
Reply 8, posted (5 years 9 months 3 weeks 4 days 20 hours ago) and read 1252 times:



Quoting AA737-823 (Reply 2):
In fact, the cash says right on it that "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE."
How can you argue with that?

Debt is the key word there. You don't owe them anything. You are asking to purchase something from them. They can set the terms of payment.



The above comments are my personal comments and in no way should be viewed as the views,policy or statements of JetBlue
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