SOUTH MISSISSIPPI (WLOX) - Rouses Markets announced today that it will implement a rounding policy for cash transactions as the federal government phases out production of the penny.
The new policy comes after the Treasury Department noted that the U.S. Mint made its final order of penny blanks and will stop producing pennies when the blanks run out.
The company will continue to accept pennies, but once all stores go through pennies, change from cash transactions will be rounded up to the nearest nickel.
“Our customers are always our top priority,” said Donny Rouse, CEO of Rouses Markets. “Rounding up is the simplest, fairest way to handle this change so customers never come up short. ”Credit, debit, EBT, and mobile payments will not be affected. Only cash transactions involving coin ch

WLOX
WBRZ News
WWL-TV
WGNO Louisiana
FOX 35 Orlando
America News
AlterNet
Reuters US Economy
KCRG Iowa
LiveNOW from FOX News
The Rink Live