Cashless Society

US Retailers Face Uncertainty as Penny Production Ends

US retailers left short-changed as penny production ends, a situation that’s already sparking a lot of thought. It’s a bit of a head-scratcher, isn’t it? The penny, that tiny copper disc, has been a staple of American commerce for so long. Now, it seems, its days are numbered, or at least its minting is. We’re talking about a de facto phase-out, a decision that’s causing ripples through the retail landscape and beyond.

Honestly, a lot of people don’t seem to care that much about the penny. You hear it all the time: “Keep the change.” “It’s just a penny.” Some of us have probably even stopped bending down to pick one up off the sidewalk.… Continue reading