Cash Returns to New York Retail Counters Under New Law

1 min read
Source: WSTM
Cash Returns to New York Retail Counters Under New Law
Photo: WSTM
TL;DR Summary

New York's cash-acceptance law takes effect March 21, requiring food stores and retailers to accept cash, banning higher prices for cash or mandatory card payments, with penalties up to $1,000 for the first violation and $1,500 for subsequent ones; exemptions include denominations over $20, remote orders, and cash-to-prepaid-card conversions (without extra fees).

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