NEW YORK CITY — The City Council has passed a bill that will prevent local retail businesses from refusing to accept cash, or levying a surcharge on cash transactions. Noncompliant retailers could face fines up to $1,000 for the first offense and $1,500 for continued violations. The measure was introduced by Councilmember Richie Torres. Mayor DeBlasio is expected to sign it into law, after which it would take effect within nine months. The rule exempts businesses offering machines that accept cash with…
— Read on www.vendingtimes.com/articles/nyc-council-requires-retailers-to-accept-cash-bans-13397
