November 7, 2009
Circle K stores accepting pesos
By Amity Addrisi and BakersfieldNow.com Staff
A local convenience store is accepting currency from across the border.
Circle K Stores Inc. is accepting Mexican pesos. The chain has been accepting pesos at locations in Arizona for decades, Texas and New Mexico for about a year, and now Circle K officials are testing the service at stores in California. Company officials say accepting Pesos has been successful and is a way of opening the market to all customers. Circle K charges a small percentage for the exchange rate it pays to its bank. The company has established a rate of exchange of 11 pesos for every U.S. Dollar, but the rate is subject to change. Customers will see signs in Circle K stores indicating whether that location accepts pesos. Change for merchandise purchased in pesos will be given in dollars. Circle K officials are looking into accepting Canadian currency, and some stores in the eastern United States accept euros. |
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