Key insights: New York State Gov. Kathy Hochul signed Senate Bill S4153A, a law that requires retail and food service establishments to accept cash denominations of $20 and under and prohibits them ...
Cash is about to make a noisy comeback at American checkouts. A sweeping new cash acceptance law in New York, combined with copycat proposals in Congress and statehouses, is poised to force retailers ...
NY State retail, food sales businesses who do in-person transactions will be required to accept payment in cash as of Mar., 2026, prohibited from charging additional fees for cash payments.
Retailers that serve roughly 260 million Americans are now under orders to take cash or risk financial penalties, a shift that reaches from big-box chains to corner bodegas. The new cash-acceptance ...