New York S01684 mandates merchants to accept cash for goods and services, with exemptions allowed by the superintendent of financial services.

New York S01684 amends the general business law to require retail mercantile establishments to accept cash as payment for goods and services. The bill prohibits merchants from discriminating against cash buyers by requiring credit or debit cards or electronic payments. Exemptions from this requirement can be granted by the superintendent of financial services based on criteria such as the nature of the establishment, the goods or services, the denomination of currency, or the transaction amount. Violations of this section are punishable by a fine of up to five hundred dollars.

New York S01684 mandates merchants to accept cash for goods and services, with exemptions allowed by the superintendent of financial services.

New York S01684 amends the general business law to require retail mercantile establishments to accept cash as payment for goods and services. The bill prohibits merchants from discriminating against cash buyers by requiring credit or debit cards or electronic payments. Exemptions from this requirement can be granted by the superintendent of financial services based on criteria such as the nature of the establishment, the goods or services, the denomination of currency, or the transaction amount. Violations of this section are punishable by a fine of up to five hundred dollars.