Penny FAQ for US retailers

When did the US stop producing pennies?

The United States Mint ceased production of the 1 cent coin (the penny) on November 12, 2025.

Where can retailers get more information about this change?

• United States Mint
• Federal Reserve System
• Retail industry associations
• State, county, or city agencies

Are pennies still legal tender in the US?

Yes, pennies remain legal tender in the US and can be used to pay for transactions. However, retailers should expect penny shortages as the coins become more difficult to obtain from banks and other service providers.

When should retailers stop using pennies?

At the moment, there is no guidance from the US government about when retailers should stop using pennies for cash transactions. It is up to the retailer to decide when they will stop using pennies.

Retailers should check with the relevant state, county, or city agencies to see if there are any rules that apply before they stop using pennies. In general, most retailers will stop using pennies when penny shortages make it difficult for them to provide change in pennies. Retailers can also check other stores in the area, and stop accepting pennies when other retailers stop accepting pennies.

How should retailers communicate the change to employees and customers?

Retailers should develop a store policy that identifies when and how they will stop using pennies. Cashiers and salespeople should be trained in this policy so they can explain the policy to customers, answer any questions that customers may have, and provide the correct change for cash transactions. 

Retailers should post signage at the entrance to the store and in POS lanes regarding the change so that customers know when the store will stop using pennies, and how it will provide change for cash transactions.

How do I configure POS to round totals to the nickel?

You can configure the store's Cash tender type (specifically, the USD tender type) so transaction totals round the nearest 5 cents (nickel) in POS.

1. In Store Manager, click Setup.
2. Expand Financial.
3. Click Tender Types.
4. Double-click the Cash tender type (e.g., USD).
5. In the Round to Value field, enter $0.05.
6. (Optional) Click Denominations and delete the 1 cent (penny) denomination.

How does rounding work in RMH?

RMH uses banker's rounding. For example, if the transaction total is $1.53, RMH rounds up to $1.55, but if the transaction total is $1.52, RMH rounds down to $1.50.

What is rounded?

Prices are not rounded. RMH only rounds the total of cash transactions to the nearest 5 cents.

Does rounding display on receipts?

Yes, there is a Roundoff Cash line on receipts that indicates how cash totals were rounded.

Does rounding display on the Z report?

Yes, there is a Round off error line in Z reports that indicates how cash totals were rounded.

Are there any reports that track rounding?

No, at the moment RMH does not have any reports that track rounding.