Lawmakers In New Jersey Want To Ban Cashless Stores

12/16/18

From Vending Market Watch

Lawmakers In New Jersey Want To Ban Cashless Stores

A bill that would require all brick-and-mortar retailers to accept cash will go before the full New Jersey Senate, according to The Inquirer Daily News. The bill would eliminate stores that only accept cashless payments, such as Amazon Go and similar stores that have no way to accept cash. Advocates argue that cashless businesses discriminate against lower income people who are less likely to have credit cards or bank accounts. It also alienates the elderly who are not as comfortable paying electronically.

The bill was unanimously approved by the state Senate Commerce Committee with some exclusions, such as airports and some parking facilities. The state Assembly passed their own version of the bill in June 2018.

Other cities considering a cashless retailer ban include Philadelphia, PA, and New York City, NY, according to the article.

Article can be found here: http://www2.philly.com/news/new-jersey-cashless-store-ban-amazon-retailer-20181203.html