How can gas stations refuse cash payments in USD?

Ever since the federal government went off of the gold standard, it became illegal to not accept the currency of the government (USD) as a form of payment. If my understand of this is correct, then how can gas stations refuse to accept cash payments? Example but not limited to: $100 bill payments, rolled coins, excessive coin payments





Thanks for the time and help!|||Your understanding is incorrect. Creditors are required to accept legal tender but merchants are not. A gas station could accept only $1 bills, pesos or even jellybeans if they so desired.|||The bills are legal tender, but a business isn't required to take them (. The example of $100 is generally a safety issue. By not accepting big bill they don't have to keep large amounts of cash on hand, that make them less a target for being robbed. Rolled coin may or may not have the right number of coins, and excessive coins (which by law they are not required to take) take too much time to count.





The law says:





"All coins and currencies of the United States, regardless of when coined or issued, shall be legal-tender for all debts, public and private, public charges, taxes, duties and dues."





What this statute means is all United States money is 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.|||A business can set any terms it desires. If you don't like it, purchase your products elsewhere.



For your examples, gas stations are easy targets for robbery, not having a lot of cash on hand, by dropping excess cash in a safe, makes them less of a target. That is why they don't want the $100 bills. On rolled coins, it isn't possible to verify their authenticity. On excessive loose change, there isn't enough profit to take the time to count them.



lp|||station has the right to refuse to serve you for any legal reason -- including that the risk of counterfeit $100 is too high and that the time required to count and verify the coin is too great.





as an alternative in the coin instances, they could surcharge you 15% (or other arbitrary amount) for the extra service.|||It is NOT illegal to refuse USD. The notion that a note is legal tender for all debts applies only to debts. When you take something to a cashier, that has not created a debt. Both parties are free to cancel the transaction any time before it is complete.|||Federal legal tender laws require creditors to accept payment denominated in dollars, but generally do not require businesses to accept any particular form of payment -- such as cash





No state laws require payment in cash either.|||A gas station is not required by any law to accept large bills or rolled coins. Any business can refuse these forms of cash|||a business can refuse whatever they want, there's no law saying they have to accept all forms of payment.|||They have the right to refuse service, it is there place, their rules.