Earlier this year, Philadelphia became the first U.S. city to ban cashless stores, despite efforts by Amazon to dissuade it. New Jersey passed a statewide ban soon after, and a similar ban is working its way through the New York City Council. Before this year there was only one jurisdiction that required businesses to accept cash: Massachusetts, which passed a law nearly 40 years ago. Business owners who go cashless say they are following the lead of the majority of customers who are abandoning cash payments. In New York City, the trend appears to be gaining traction mostly with “fast casual” dining establishments such as Dos Toros.

Source: thestar April 13, 2019 01:52 UTC