Right to Pay with Cash at Retail Stores
This law aims to ensure that most stores and service providers accepting in-person payments must accept cash for purchases under $2,000. It also prevents charging cash customers higher prices, giving citizens more freedom in choosing their payment method.
Key points
Most stores and service providers accepting in-person payments must accept cash for purchases up to $2,000.
Stores cannot charge cash customers more than those using other payment methods.
There are exceptions, such as temporary system failure, insufficient change on hand, or if the store provides a free on-site option to convert cash to a prepaid card.
For the first 5 years, stores are not required to accept $50 bills or larger.
The law includes financial penalties for businesses that do not comply, and citizens can pursue legal action to enforce their rights.
Expired
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