Pennies made sense for more than two hundred years, but we believe, no longer. Depending on a variety of factors (such as metal and minting costs), it can cost our US Mint upwards of .9¢ to perhaps 1.65¢ to make each penny. Heck, perhaps even double that. System wide cost for merchants to account for each penny is absurdly expensive ... far more than the penny is worth. Throw in the new global warming issues of carbon footprint to mine, smelter and manufacture the penny and you might arrive at the same point we are at. We believe it is time to end the arguably senseless use of this soon to be obsolete coin. Since the government can't seem to legislate the removal of pennies from circulation, it is time that retailers and merchants take up the challenge and start the process of weaning our economy of at least this coin. Members, may at their discretion, take this further to remove nickels, dimes, quarters and perhaps the half dollar coins. There are retailers out there who have no coins in their change drawer at all, their smallest change denomination is the dollar.

Members of PennyFreeBiz.com can be merchants, retailers, hotels, restaurants, point of sale software companies and others. Members pledge to ...

• remove, at the very minimum, pennies from their cash drawer(s)
• round all cash transaction totals (after tax) to a denomination other than penny (example: nickel)
• not give any pennies as change.

Example: A purchase total of $8.22 will be rounded to $8.20 A purchase total of $8.24 will be rounded to $8.25 A purchase total of $9.37 will be rounded to $9.35 A purchase total of $9.38 will be rounded to $9.40 Humm.. sort of like all transactions now are being rounded off to the penny.. $8.2434 becomes $8.24 and $8.5493 becomes $8.55. So it really is just notching up a little... makes sense to us

Please support those merchants and retailers that have taken this action. Look who has joined the movement.