New York shoppers will soon face one less barrier at the checkout, as a newly signed law forces merchants to accept cash payments.

Last week, as per the New York State Senate website, Governor Kathy Hochul signed a bill “prohibiting food stores and retail establishments from refusing to accept payment in cash.”

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Why It Matters

The covid pandemic accelerated what has long been seen as an inevitable transition toward a cashless society, with both merchants and consumers expressing an increasing preference for touchless payment options. Many businesses have adjusted accordingly with some now even refusing to accept cash as payment, prompting the introduction of this bill, but research shows man

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