Restaurants and retail businesses in New York City will be required by law to accept cash from customers, or face fines of up to $1,500 per violation, reports The New York Post. Refusing to accept cash is unfair to the 25% of New Yorkers who are unbanked or underbanked, say drafters of the regulation.
BING NEWS:
- Grocers in D.C. deploy bag bans, receipt scanners in shoplifting battle
Retailers in the District have escalated anti-theft efforts in recent months as businesses nationwide struggle to thwart shoplifting.
05/29/2024 - 9:55 am | View Link - D.C. mayor supports Giant grocery’s ban on large personal bags to fight retail theft
D.C. Mayor Muriel Bowser on Tuesday backed Giant Food’s decision to ban customers from bringing certain large bags into its District-based grocery stores as the local chain continues to combat retail ...
05/28/2024 - 11:30 am | View Link - California lawmakers approve bills to ban grocery, retail stores from offering reusable plastic bags
California lawmakers in both houses recently approved two bills banning grocery and convenience stores statewide from offering customers reusable plastic bags. California has already banned ...
05/28/2024 - 7:06 am | View Link - The Limits Of Cashless Payments In China
Beijing has sought to develop a strong digital financial services industry undergirded by domestic tech and banking giants.
05/26/2024 - 2:55 pm | View Link - Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help. W hen Ellis Soodak was planning the launch of Verdi Cannabis dispensary in ...
05/18/2024 - 3:07 am | View Link - More
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