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USPS begins penny-rounding policy

Because pennies are no longer produced by the U.S. Mint, the Postal Service is rounding to the nearest nickel on change due the customer for cash transactions when pennies are unavailable.

A sign explaining the Postal Service's new penny-rounding policy
Post Offices will display signage in retail lobbies to explain the new penny-rounding policy.

Change due to the customer ending in 1, 2, 6 or 7 cents will be rounded down. Amounts ending in 3, 4, 8 or 9 cents will be rounded up.

If the total cash visit amount is less than 5 cents, the purchase amount will be rounded up to 5 cents, unless paid with exact change.

Pennies are legal tender and are still accepted as payment.

This new policy took effect Dec. 12.

The rounding rules do not apply to credit/debit card or check transactions.

The U.S. Mint ceased production of pennies, which were introduced in 1793, on Nov. 12.

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