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<p>[QUOTE="chrisild, post: 200430, member: 39"]Hmm, why would merchants round up in the UK? They have 1p and even (XL size <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> ) 2p coins there ... Apart from that, this kind of rounding is exactly what is done in Finland, the Netherlands (at participating stores, ie. almost every store) and Switzerland for example. The way how totals are rounded up or down is regulated; it's not that a store could say, hmm, we round all payments up.</p><p><br /></p><p>And sure, every time that issue comes up, there will be people who say that in such a case merchants will use the rounding to raise their prices. Why would they - the price of a single item is not affected by the rounding at all. But, oh well, people here in Germany are about as stubborn when it comes to keeping the 1 and 2 ct coins.</p><p><br /></p><p>As for the US, no, I have not heard of any concrete plans to do away with the penny. (I am sure that we would also hear about that here. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ) Maybe in 2010 or so, who knows ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 200430, member: 39"]Hmm, why would merchants round up in the UK? They have 1p and even (XL size ;) ) 2p coins there ... Apart from that, this kind of rounding is exactly what is done in Finland, the Netherlands (at participating stores, ie. almost every store) and Switzerland for example. The way how totals are rounded up or down is regulated; it's not that a store could say, hmm, we round all payments up. And sure, every time that issue comes up, there will be people who say that in such a case merchants will use the rounding to raise their prices. Why would they - the price of a single item is not affected by the rounding at all. But, oh well, people here in Germany are about as stubborn when it comes to keeping the 1 and 2 ct coins. As for the US, no, I have not heard of any concrete plans to do away with the penny. (I am sure that we would also hear about that here. :) ) Maybe in 2010 or so, who knows ... Christian[/QUOTE]
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