NY legislature backs bill to protect cash

NY legislature backs bill to protect cash

The state’s two chambers voted in favor of a bill that requires New York retailers to accept cash, following a trend set by other states and cities.

New York Bill Would Prohibit Retailers From Refusing Cash Payments

A bill that would prohibit food stores and retail establishments from refusing to accept cash payments is on its way to the New York governor’s desk after being passed both houses of the state legislature. [contact-form-7] The bill — S4153-A in the state senate and A7929-A in the house — aims to ensure that unbanked individuals and others can access goods and services at a time when many retailers have moved toward cashless models enabl…