Paying in Pesos? Why cant we spend them here?

FelixDeCat

Lifer
Aug 4, 2000
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The story is two years old, but it was kind of shocking. The dollar is accepted worldwide without conversion. But try to spend anything but US cash here and you will probably get laughed at if not thrown out. I have an appreciation for foreign coins and paper currency and have a small collection myself. I have a Mexican 20 peso bill and was thinking why cant I spend this here?

This is why:

DALLAS - A pizza chain has been hit with death threats and hate mail after offering to accept Mexican pesos, becoming another flashpoint in the nation?s debate over immigrants.

?This is the United States of America, not the United States of Mexico,? one e-mail read. ?Quit catering to the damn illegal Mexicans,? demanded another.

Dallas-based Pizza Patron said it was not trying to inject itself into a larger political debate about illegal immigration when it posted signs this week saying ?Aceptamos pesos? ? or ?We accept pesos? ? at its 59 stores across Texas, Colorado, Arizona, Nevada and California.

Pizza Patron spokesman Andy Gamm said the company was just trying to sell more pizza to its customers, 60 percent of whom are Hispanic.

Wal-Mart, H-E-B supermarkets and other American businesses in towns along the Mexican border accept pesos. And some busineses in New York and Minnesota communities along the northern border accept Canadian dollars.

The difference here is that many of the pizza joints are far from the border, in places like Dallas, more than 400 miles away, and Denver, more than 700 miles.

?If people would understand that the majority of our customers are Hispanic, then it might make more sense for a company to sell pizza for pesos,? Gamm said. ?It doesn?t make sense in Connecticut. And it doesn?t make sense in North Dakota or in Maine. But it makes perfect sense here in Dallas, in Phoenix, in Denver ? areas far from the border that have significant Hispanic populations.?

The company said it has received hundreds of e-mails, some supportive, most critical.

While praising the pesos plan as an innovative way to appeal to Hispanics, a partner in the nation?s largest Hispanic public relations firm said a backlash was inevitable.

?Right now there?s a lot of anti-immigrant rhetoric going around that could make them a lightning rod,? said Patricia Perez, a partner at Valencia, Perez & Echeveste in Los Angeles.

Pizza Patron proclaims on its Web site that ?to serve the Hispanic community is our passion.? Its restaurants are in mostly Hispanic neighborhoods, and each manager must be bilingual and live nearby, said Pizza Patron founder Antonio Swad, who is part-Italian, part-Lebanese.

The take-home menus are in both English and Spanish, and the dishes include the La Mexicana pizza, with spicy chorizo sausage; La Barbacoa pizza, topped with spicy pulled pork; and chicken wings flavored with lime, peppers and garlic con queso.

Many Pizza Patron customers have pesos ?sitting in their sock drawers or in their wallets,? Gamm said. ?We?re talking small amounts, where it would be inconvenient to stop and exchange on the way back ? maybe 10 or 20 dollars? worth of pesos.?

The promotion will run through the end of February and then be re-evaluated, Swad said.

In the first week, payments in pesos have accounted for about 10 percent of business at the five restaurants operated by the corporation, Pizza Patron said. The others are franchised, and the company will not get reports until the end of the week.

The company has set a conversion rate of 12 pesos per dollar, which is slightly higher than the official rate of about 11 pesos per dollar. Any change is given in U.S. currency.

At a Pizza Patron in Dallas, Veronica Verges bought a pizza Wednesday for her son Nathan?s fourth birthday. She paid with pesos her father brought home two weeks ago after a trip to see family in Mexico.

She said she is an occasional Pizza Patron customer, but came that day because she could pay with pesos. Her father wasn?t going to use them because he had no plans to go back to Mexico anytime soon.

?I would mostly think a restaurant would do this in a border town,? she said. ?But it got me over here.?

http://www.msnbc.msn.com/id/16581765/
 

se7en

Platinum Member
Oct 23, 2002
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I have never been to whatever world you refer to in worldwide but my dollar bill has never been accepted anywhere other than here. Now if its right on the border (like Texas) then maybe but none of the other places I have visited.
 

FelixDeCat

Lifer
Aug 4, 2000
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Originally posted by: se7en
I have never been to whatever world you refer to in worldwide but my dollar bill has never been accepted anywhere other than here. Now if its right on the border (like Texas) then maybe but none of the other places I have visited.

I have been to Mexico and they will take your dollars for payment. And I have seen numerous accounts of dollars being accepted as a worldwide currency.

I like the idea, but I can understand the misgivings of some.
 

ithec

Member
Feb 25, 2009
105
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yup I had 200 pesos and used them at Pizza Patron. The pizza is not great, slight better than little cesar and that pizza blows.
 

lxskllr

No Lifer
Nov 30, 2004
59,638
10,155
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A lot of it's a trust issue. Nobody's currency has any real value, so you deal with it trusting you'll get paid(like a check). There's less chance of getting paid with a foreign currency.
 

zerocool84

Lifer
Nov 11, 2004
36,041
472
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Originally posted by: FelixDeKat
Originally posted by: se7en
I have never been to whatever world you refer to in worldwide but my dollar bill has never been accepted anywhere other than here. Now if its right on the border (like Texas) then maybe but none of the other places I have visited.

I have been to Mexico and they will take your dollars for payment. And I have seen numerous accounts of dollars being accepted as a worldwide currency.

I like the idea, but I can understand the misgivings of some.

I've been to Mexico, China, and Japan and only place I had trouble using dollars was in Japan but yes I understand as well.
 
Oct 27, 2007
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Originally posted by: FelixDeKat
The dollar is accepted worldwide without conversion.

If you try to use anything but New Zealand dollars here you will be laughed at and told to fuck off.
 

FelixDeCat

Lifer
Aug 4, 2000
30,848
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Originally posted by: GodlessAstronomer
Originally posted by: FelixDeKat
The dollar is accepted worldwide without conversion.

If you try to use anything but New Zealand dollars here you will be laughed at and told to fuck off.

Well if show up with a ?500 note, someone better damn well take it. ;)
 

Fayd

Diamond Member
Jun 28, 2001
7,970
2
76
www.manwhoring.com
Originally posted by: se7en
I have never been to whatever world you refer to in worldwide but my dollar bill has never been accepted anywhere other than here. Now if its right on the border (like Texas) then maybe but none of the other places I have visited.

my dollar has been accepted everywhere in every other country i've been to.

your experience is wierd.
 

se7en

Platinum Member
Oct 23, 2002
2,303
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Originally posted by: FelixDeKat


I have been to Mexico and they will take your dollars for payment. .

That example is pretty much because their money sucks compared to ours. Also the dollar is worth more than peso's so Im sure the natives were happy to take any amount of american money from you because the conversion is much better.

Now why cant we all be using the euro that I dont know :brokenheart:
 

Perknose

Forum Director & Omnipotent Overlord
Forum Director
Oct 9, 1999
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Wouldn't that decision be entirely between the merchant and their customer to fucking decide?
 

lxskllr

No Lifer
Nov 30, 2004
59,638
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Originally posted by: Perknose
Wouldn't that decision be entirely between the merchant and their customer to fucking decide?

Pretty much. You can pay with beads and chickens if you can find someone to take them.

 

FelixDeCat

Lifer
Aug 4, 2000
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Originally posted by: Perknose
Wouldn't that decision be entirely between the merchant and their customer to fucking decide?

Yes, but for some reason the locals get mad when it happens as expressed in the quoted article. I dont think it should matter what a merchant decides to take as payment, I just wish they had the guts to blaze trails and go against local angst.
 

TheoPetro

Banned
Nov 30, 2004
3,499
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Dollars werent accepted in Italy or Spain. I dont think they were taken in Sweden either. I dont know if its a "Euro countries dont take $" thing or if it would have been the same when Italy used Lyra.
 

Bignate603

Lifer
Sep 5, 2000
13,897
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Many places won't take them just because its a pain for them to deal with them. Their system is set up to deal with a single currency.
 

RadiclDreamer

Diamond Member
Aug 8, 2004
8,622
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91
I dont expect to see my $$ accepted in other countries and I sure as hell dont want theirs accepted here. Too much pandering to foreigners. I'm all for equal rights and all that jazz, but here in the US we speak english and pay with the dollar. Learn the language and convert your currency, thats all I ask.
 

BigToque

Lifer
Oct 10, 1999
11,700
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Originally posted by: FelixDeKat
Originally posted by: Perknose
Wouldn't that decision be entirely between the merchant and their customer to fucking decide?

Yes, but for some reason the locals get mad when it happens as expressed in the quoted article. I dont think it should matter what a merchant decides to take as payment, I just wish they had the guts to blaze trails and go against local angst.

A friend of my friend owns a pretty successful restaurant here and they accept Canadian Tire money at par towards the price of a meal.

Kind of a neat idea I think...
 

Fayd

Diamond Member
Jun 28, 2001
7,970
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www.manwhoring.com
Originally posted by: TheoPetro
Dollars werent accepted in Italy or Spain. I dont think they were taken in Sweden either. I dont know if its a "Euro countries dont take $" thing or if it would have been the same when Italy used Lyra.

when i was in italy, they were more than happy to take dollars. same as france and britain.

every central american and carribean country i've been to also preferred american dollars.

face it. the world loves our money. :p
 

Fayd

Diamond Member
Jun 28, 2001
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www.manwhoring.com
Originally posted by: se7en
Originally posted by: FelixDeKat


I have been to Mexico and they will take your dollars for payment. .

That example is pretty much because their money sucks compared to ours. Also the dollar is worth more than peso's so Im sure the natives were happy to take any amount of american money from you because the conversion is much better.

Now why cant we all be using the euro that I dont know :brokenheart:

relative value means absolutely nothing.

it's change in relative value over time that actually means something. but even that doesnt mean as much as you'd think.
 
Oct 27, 2007
17,009
5
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Originally posted by: RadiclDreamer
I dont expect to see my $$ accepted in other countries and I sure as hell dont want theirs accepted here. Too much pandering to foreigners. I'm all for equal rights and all that jazz, but here in the US we speak english and pay with the dollar. Learn the language and convert your currency, thats all I ask.

If a company accepts both US dollars and pesos, how does it affect you? Why is that "too much pandering to foreigners"? Or do you just have a problem with non-Americans?
 

Howard

Lifer
Oct 14, 1999
47,982
11
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You guys complain about the money going out of the country to China and Mexico, and you don't want to take the money back?
 

sandorski

No Lifer
Oct 10, 1999
70,701
6,257
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Some people have fucked up views of Patriotism. Accepting Foreign Currency is entirely up to the Merchant. Most Merchants won't bother though simply because finding the right Conversion isn't an easy task because Employees are good if they can simply give the correct Change in the common currency, add in Exchange Rates and/or even recognizing the Currency and you're just asking for trouble. Then there's the issue of what Exchange Rate, the closest Bank willing to accept Foreign Currency, is being offered. That can change Daily, even hourly if something is going on.
 

AznAnarchy99

Lifer
Dec 6, 2004
14,695
117
106
Originally posted by: Fayd
Originally posted by: TheoPetro
Dollars werent accepted in Italy or Spain. I dont think they were taken in Sweden either. I dont know if its a "Euro countries dont take $" thing or if it would have been the same when Italy used Lyra.

when i was in italy, they were more than happy to take dollars. same as france and britain.

every central american and carribean country i've been to also preferred american dollars.

face it. the world loves our money. :p

not when i went when it was 1 euro to 1.5 dollar
 

FelixDeCat

Lifer
Aug 4, 2000
30,848
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Originally posted by: sandorski
Some people have fucked up views of Patriotism. Accepting Foreign Currency is entirely up to the Merchant. Most Merchants won't bother though simply because finding the right Conversion isn't an easy task because Employees are good if they can simply give the correct Change in the common currency, add in Exchange Rates and/or even recognizing the Currency and you're just asking for trouble. Then there's the issue of what Exchange Rate, the closest Bank willing to accept Foreign Currency, is being offered. That can change Daily, even hourly if something is going on.

It is true that a lot of cashiers are bad at making change. Thankfully however, registers tell the cashier what to tender back to the customer as change.

There is an old trick scamsters would use on cashiers - get them into a conversation. Many of them find it hard to do two things at once will often misread the amount to give back, under charge, not charge, not collect or think you gave them a bigger bill and give back more than the register tells them to. That is because their mind was on the conversation and not on the transaction. Just make sure YOU dont get the short end by knowing what you should get and see if you come out ahead. Its dishonest as hell and I believe what goes around comes around. So that extra dollar you might have screwed someone out of might come back as a loss to you. Either someone is going to screw with your car or you will be cheated on a bill and not notice it or maybe even get a ticket you think is unfair. Its not worth it to tempt fate.