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334 points andrewl | 1 comments | | HN request time: 0s | source
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MrHeather ◴[] No.45902076[source]
>But with 20 million customers a year, and 17% of them paying with cash, the policy will eventually cost Kwik Trip a couple of million dollars a year, McHugh said.

If we figure two-fifths of cash transactions need to be rounded up and the store is losing an average of 1.5 cents each time, their expected losses would be around $2,000, yeah?

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terminalshort ◴[] No.45902373[source]
I get $20,400 (20m * 17% * 40% * 0.015). But that's still nothing for a company that does 20 million POS transactions a year.
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1. jermaustin1 ◴[] No.45902446[source]
It's cheaper than the credit card fees, that's for sure.