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This legislation aims to protect consumers who prefer or rely on cash, ensuring they can make everyday purchases without facing barriers as retailers increasingly embrace cashless payment systems like self-checkout that may reject cash.
By Disha Jana
The bill also prohibits businesses from charging higher prices to customers who pay with cash compared to those using credit or debit cards.
US‘ Ohio is considering new legislation called the Currency Access to Spend Here (CASH) Act, introduced by State Representative David Thomas, to ensure businesses and government agencies accept cash payments for transactions of $500 or less.
The cash law (otherwise known as House Bill 554) mandates at least one point-of-sale location per business or government office where cash payments are accepted, either through staffed registers or automated systems, according to per NBC affiliate WCMH.
How will the new cash law benefit customers?
This legislation aims to protect consumers who prefer or rely on cash, ensuring they can make everyday purchases without facing barriers as retailers increasingly embrace cashless payment systems like self-checkout that may reject cash.
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