Home » Economy » How a coin shortage is hurting US laundromats
How a coin shortage is hurting US laundromats
Coin shortage caused by COVID-19 sparks ‘no change’ policy in stores nationwide
Alicia Acuna reports on the causes of the shortage, how banks and businesses are responding.
The coin shortage is changing the laundry industry.
Continue Reading Below
Mom and pop laundromat owners are considering pivoting payment systems from cash-only to credit card-loaded machines as a result of the coronavirus-fueled coin shortage following nationwide business shutdowns. But cash is still king for many customers who may not have access to credit cards or smartphone-linked apps.