Payments

Grocers are committed to the security of their customers, including their payment security. We have the following resources and information on payments including details and updates on the liability shift for merchants to be EMV-enabled and for issuers to have chip cards available in the market. 

Coin Circulation Issue: Making Change in Your Community 

Over the past few weeks, we have witnessed a growing concern regarding a national “coin shortage.” However, what we are really experiencing is a coin circulation problem, not a coin “shortage.” The nation’s grocers are witnessing a growing concern regarding the coin circulation challenge. It is creating many challenges for shoppers who use cash and retail stores that need to make change at the register.

For millions of Americans, cash is the only form of payment. These neighbors are the ones being most impacted by the current coin circulation disruptions.

Help Us Mitigate the Coin Circulation Challenge

We’re asking consumers to help make change in their communities.

If you have a jar on your shelf collecting coins and dust, leave the dust at home and go spend, deposit or redeem your coins.

We have created a PSA and animated infographic, below, for you to use on your social media channels and/or website. We also encourage social media posts to use the hashtag #GetCoinMoving.

Help #GetCoinMoving!  If you have a jar on your shelf collecting coins and dust, leave the dust at home and go spend, deposit or redeem your coins.

There are billions of dollars of coins in consumer’s homes and shuttered businesses sitting idle and not circulating. There is approximately $40 billion in coin already in circulation, most of which is sitting dormant ins jars, penny banks and random change receptacles throughout America’s 128 million households. #GetCoinMoving

Millions of Americans have no choice but to pay only in cash. These neighbors are the ones being most impacted by the current coin circulation disruptions. Help #GetCoinMoving by spending, depositing or redeeming your coins.

President & CEO of @FMI_ORG, Leslie Sarasin, asks consumers to make change in their communities one penny at a time. Watch here:  https://youtu.be/VpFnv65DM7Q #GetCoinMoving



Payments Leadership

Leadership

The FMI Electronic Payments System Committee is comprised of retail/wholesale company payments leaders and provides leadership, insight and expertise on an ongoing basis.

Learn More  Committee Portal