Sens. John Fetterman, D-Pa., and Kevin Cramer, R-N.D., have introduced a bill that would generally require those conducting in-person business to accept cash as payment from customers.
“Any person engaged in the business of selling or offering goods or services at retail to the public who accepts in-person payments at a physical location … shall accept cash as a form of payment for sales made at such physical location in amounts up to and including $500 per transaction,” the measure stipulates, in part.
The proposal provides an exception if there is “a device that converts cash into prepaid cards” without any fee.
It also allows exceptions if a person cannot accept cash payment due to “a sale system failure” or because they temporarily do not have enough cash available to provide change.
“It’s simple: if you’re open for business in America, you should take U.S. dollars,” Fetterman said, according to press releases. “I’m proud to introduce the bipartisan Payment Choice Act with Senator Cramer because every American should be able to use paper currency if they choose. We have millions of people in this country who don’t have access to bank accounts, and they must be able to go shopping with their hard-earned dollars.”
Click this link for the original source of this article.
Author: Ray Hilbrich
This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
