With the production of the American penny being halted in early 2025, businesses small and large are forced to grapple with how to give change. Now, just a couple weeks from the end of the year, the penny shortage is being felt. If you’ve stopped at gas stations or even grocery stores, you might see signs explaining how businesses will alter their practice of giving change in lieu of having fewer pennies on hand.
Now, one of the biggest gas station chains in Iowa, Illinois, and Wisconsin is offering clarity on how they will handle giving change, or, you could say, pinching pennies, now that the U.S. Treasury no longer mints the one-cent piece.
Casey’s Has Made a Decision on How to Handle Cash Transactions:
Casey’s General Stores, which is based in Ankeny, IA, has taken after their competitor Kwik Trip (aka “Kwik Star” in Iowa) in how they’re dealing with the penny shortage. They will be rounding cash transactions down to the nearest nickel when cash-paying customers do not have exact change. Customers who pay with a debit or credit card will not be affected.
Casey’s Spokesperson Katie Petru made the announcement earlier this month, per The Des Moines Register:…