this post was submitted on 22 May 2025
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[–] [email protected] 27 points 2 weeks ago (2 children)

The phasing out of the coins will mean businesses will need to round prices up or down

[–] [email protected] 14 points 2 weeks ago (2 children)

Canada did it.

If you pay in cash, it's rounded up (obviously)

If you pay digitally, nothing changed.

Over a decade, you probably won't even lose a dollar unless you only pay in cash for everything.

[–] [email protected] 10 points 2 weeks ago

I don't have faith that the US can do such a straightforward system without gouging

[–] [email protected] 5 points 2 weeks ago (1 children)

If you pay cash its rounded to nearest 5¢, up or down. At least this has been the case in my experience.

[–] [email protected] 2 points 2 weeks ago

Yes, my bad. To the nearest 5 cent.

[–] [email protected] 3 points 2 weeks ago (1 children)

In Denmark they had rounding up or down to the nearest 25, now the 50 øre piece. If you're half way in many countries the shop can pick. Electronic payments can still be to the lowest significant digit.

[–] [email protected] 1 points 2 weeks ago

Australia rounds to nearest 5c also. Digital remains the same exact to the cent.