Dallas-based pizza chain to accept Mexican pesos

[w¡n9Nµ7 §£@¥€r 123]

Starting Monday, patrons of the Dallas-based Pizza Patrón chain, which caters heavily to Latinos, will be able to purchase American pizzas with Mexican pesos.

Restaurant experts and economists said they knew of no other food chain with locations so far from the Mexican border offering such a service.

"We're trying to reach out to our core customer," Antonio Swad, president of Pizza Patrón Inc., said Friday.

"We know they come back [from Mexico] and have pesos left over. We want to be a convenient place for them to spend their pesos."

[...]

... Andrew Gamm, Pizza Patrón's director of brand development, said ... the company set its exchange rate at 12 pesos per dollar for the duration of the program. As of Friday's trading, 10.94 pesos were worth $1, according to Bloomberg News.

Mr. Gamm said the difference would cover the cost of getting the pesos converted to dollars.

http://www.dallasnews.com/sharedcontent/dw...os.31047f5.html

[Trumplestiltskin 5,791]

will the nativists freak out?

No doubt they will. Nor do I doubt this thread will be "spittle free"

[bostonparis 0]

That doesn't really make sense to me. If people live there, why would they have pesos and not American dollars? To me, that's like Mamma Maria's in the North End accepting Italian Lira.

[w¡n9Nµ7 §£@¥€r 123]

If people live there, why would they have pesos and not American dollars?

According to the article:

"We know they come back [from Mexico] and have pesos left over. We want to be a convenient place for them to spend their pesos."

I still have leftover Indian currency from my last trip to India. The plan is to use it next time I go, but if my local kabab house decided to take them off my hands for me, I'd let them have it in a heartbeat

Edited January 8, 2007 by Gupt

[peejay 327]

Yawn! They can trade blowjobs for pizza for all I care.

Eventually Pizza Patron will get tired of the hassle of trading the pesos for dollars. Its more of a gimmick than a cutting edge trend that every business in America will flock to emulate.

I would like to see them get sued for discrimination for refusing to take all the world's currency. It seems to be racist to me.

[Trompe le Monde 1,107]

you know, growing up 10 miles from the Canadian border this really isn't a big deal at all -- many businesses in detroit accept canadian and many windsor places US. Most places charged canadian at a rate that is a very favorable exchangr to the establishment. No big whoop.

[Ban Hammer 14,419]

you know, growing up 10 miles from the Canadian border this really isn't a big deal at all -- many businesses in detroit accept canadian and many windsor places US. Most places charged canadian at a rate that is a very favorable exchangr to the establishment. No big whoop.

yet dallas is over 400 miles from mexico.

i'm wondering which will happen first - the pizza delivery chain goes broke due to the devaluation of the peso overnight or they go broke over the exchange fees.

[Alex+R 0]

you know, growing up 10 miles from the Canadian border this really isn't a big deal at all -- many businesses in detroit accept canadian and many windsor places US. Most places charged canadian at a rate that is a very favorable exchangr to the establishment. No big whoop.

yet dallas is over 400 miles from mexico.

i'm wondering which will happen first - the pizza delivery chain goes broke due to the devaluation of the peso overnight or they go broke over the exchange fees.

It doesn't seem like they'll be taking in most of their profit in pesos. I mean, who goes "don't forget to change all your dollars into pesos while you're in Mexico so they'll have more value"?

I think it's just to draw in people who might have some pesos lying around. A way to build their customer base and ties to the Mexican community?

[Boiler 47,853]

Plenty of places in Mexico charge in dollars, actually plenty of places in other Continents.

Nice little earner.

[William33 110]

** that mate, this aint the other places "that accept dollars".

In this country, dollars rule, anything else needs to be exchanged into dollars.

Pesos are good "south of the border" but not here. It is bad enough that we have "bi-lingual" locales. A crime unto itself.

English is the native language of America. When the dollar is diminished, so are we.

American Patriotism people, where are you in this?

Edited January 8, 2007 by William33

[w¡n9Nµ7 §£@¥€r 123]

** that mate, this aint the other places "that accept dollars".

In this country, dollars rule, anything else needs to be exchanged into dollars.

Pesos are good "south of the border" but not here. It is bad enough that we have "bi-lingual" locales. A crime unto itself.

English is the native language of America.

American Patriotism people, where are you in this?

Mexican pesos are not legal tender in the United States. Therefore accepting Mexican pesos in exchange for pizza is not payment but just a form of barter, isn't it? Barter is not unpatriotic.

[William33 110]

** that mate, this aint the other places "that accept dollars".

In this country, dollars rule, anything else needs to be exchanged into dollars.

Pesos are good "south of the border" but not here. It is bad enough that we have "bi-lingual" locales. A crime unto itself.

English is the native language of America.

American Patriotism people, where are you in this?

Mexican pesos are not legal tender in the United States. Therefore accepting Mexican pesos in exchange for pizza is not payment but just a form of barter, isn't it? Barter is not unpatriotic.

Fair enough. The concept sucks though.

[Trompe le Monde 1,107]

when I was a teenager I worked in a hardware store that accepted Canadian dollars -- we made about 10% extra on exchange. it's actually a nice little earner. why do you think little bureau de changes do so well charging extortionate rates?

Lots of countries the world over accept currency that is not their own -- there are many reasons to get upset about illegal immigration, I'm not sure this is one of them

[Saddle Bronc 124]

US$ are also not official legal tender in Canada; but I have seen never seen stores in AB (or along 401 in ON) refuse them (though they may give a lousy exchange rate--I've even seen 1:1 in 1990, when the C$ was less than US$0.80). So, if someone accepts pesos, the only question is how lousy (to the customer) the exchange rate is (it certainly will NOT be as low in pesos/$ as official).

[ILIKEALLCAPS 0]

** that mate, this aint the other places "that accept dollars".

In this country, dollars rule, anything else needs to be exchanged into dollars.

Pesos are good "south of the border" but not here. It is bad enough that we have "bi-lingual" locales. A crime unto itself.

English is the native language of America. When the dollar is diminished, so are we.

American Patriotism people, where are you in this?

Yep, you just ask the tribes that were here speaking all that English when Columbus landed, or the Mayflower......they were already on the dollar scale.

And the nerve of this government run business to accept whatever the hell they want.....what are they thinking? Free enterprise? Next thing you know stores will be offering coupons, or bonus bux, and churches and schools will offer scrip. Anarchy!!

The banking industry is the worst culprit! They accept electricity as money. They call it "electronic balance transfer".....the unpatriotic bastards!