Walmart- Card or Cash?
October 20th, 2021 by
Many local residents had strong feelings about Walmart reportedly only taking cards, as opposed to cash, earlier this week.
This appeared to occur briefly, due to a nationwide coin shortage, that only appeared locally, recently.
The occurrence at Walmart was a result of a “situation”, not a Walmart policy, and the store is currently able to accept cards and cash.
We were also told that even though machines were limited, cash transactions were always able to be handled at the service desk.
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THERE IS NO COIN SHORTAGE THE SHORTAGE WAS BACK IN JUNE OF 2020…………. THIS IS FROM THE FEDERAL RESERVE…….
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The Federal Reserve continues to work with the U.S. Mint and others in the industry to keep coins circulating. As a first step, a temporary cap was imposed in June 2020 on the orders depository institutions place for coins with the Federal Reserve to ensure that the supply was fairly distributed. Because coin circulation patterns have not fully returned to pre-pandemic levels, caps were reinstated in May 2021. We continue to closely monitor orders and deposits from depository institutions as well as U.S. Mint production. The U.S. Coin Task Force, which was formed in July 2020 to identify, implement, and promote actions to address disruptions to coin circulation, continues to meet regularly until coin circulation normalizes.