How register Is Preparing Retailers for the End of the Penny
With the U.S. ending production of the penny, retailers who accept cash will soon see more transactions requiring rounding to the nearest five cents. While electronic payments will continue to process to the exact cent, cash payments may need to be rounded based on federal or state guidelines. This shift affects how totals are calculated, how change is given, and how point-of-sale technology manages cash tendering.
To support retailers through this transition, our team at register by ability business is building new functionality specifically for cash transaction rounding. These enhancements will:
- Automatically round cash transaction totals to the nearest five cents, following industry standards and emerging regulations
- View the original calculated total and the rounded amount on the Cash payment screen.
- Apply rounding only when cash is selected as the payment method, ensuring card and digital payments remain unchanged
- Maintain accuracy and consistency at checkout, reducing manual adjustments and potential errors
These updates were introduced in the January 2026, Version 1.4.0 release, along with educational resources in our wiki to help retailers understand how rounding works, when it applies, and what it means for their daily operations.
As the retail environment adapts to this nationwide change, register by ability business remains committed to providing practical tools that help businesses stay compliant and deliver a smooth checkout experience.
For setup instructions, examples, and FAQs, visit the Cash Transaction Rounding article in our wiki.
Additional Resources
- U.S. Mint – Penny Production Ending
https://www.usmint.gov/news/press-releases - Federal Reserve Bank of Richmond – Economic Analysis of Penny Costs and Cash Rounding
https://www.richmondfed.org/publications/research/economic_brief/2025/eb_25-27 - Government of Canada – Rounding Cash Transactions After Penny Removal
https://www.budget.canada.ca/2012/themes/theme2-eng.pdf - Australia – Consumer Protection Guidance on Cash Rounding
https://consumerprotection.wa.gov.au/rounding
Comments are closed