Exact change only, please, at Wawa
Wawa is asking customers to pay with plastic, their phones or use exact change due to a nationwide coin shortage caused by the coronavirus pandemic.
“Like many other businesses around the country, Wawa stores have been affected by the shortage of coins nationwide,” the company told 6ABC.
Wawa is far from the only business dealing with a coin shortage. The ongoing pandemic has “significantly” disrupted the supply and circulation of coins in the U.S., according to the Federal Reserve, citing declines in coin deposits and a decrease in production at the U.S. Mint due to coronavirus safety measures.
During testimony on Capitol Hill Wednesday, Federal Reserve Chairman Jerome Powell said due to the partial closure of the economy, the flow of coins have “kind of stopped.”
The Federal Reserve said it is “confident” the coin shortage will resolve itself as the economy continues to reopen, but the agency added that it recognizes “these measures alone will not be enough to resolve near-term issues.”