Submitted via IRC for SoyCow1984
Sorry Amazon: Philadelphia bans cashless stores
This week, Philadelphia's mayor signed a bill that would ban cashless retail stores, according to The Morning Call. The move makes Philadelphia the first major city to require that brick-and-mortar retail stores accept cash. Besides Philadelphia, Massachusetts has required that retailers accept cash since 1978, according to CBS.
The law takes effect July 1, and it will not apply to stores like Costco that require a membership, nor will it apply to parking garages or lots, or to hotels or rental car companies that require a credit or debit card as security for future charges, according to theĀ Wall Street Journal. Retailers caught refusing cash can be fined up to $2,000.
Amazon, whose new Amazon Go stores are cashless and queue-less, reportedly pushed back against the new law, asking for an exemption. According to theĀ WSJ, Philadelphia lawmakers said that Amazon could work around the law under the exemption for stores that require a membership to shop there, but Amazon told the city that a Prime membership is not required to shop at Amazon Go stores, so its options are limited.
(Score: 3, Interesting) by nobu_the_bard on Tuesday March 12 2019, @12:59PM
It's also legal in (most?) of PA for small businesses to reject card payments for small amounts of money, as such transactions can actually end up costing the merchant more than they make on the sale. They're also allowed to have different card/cash prices, for certain things, at least gas (and many gas stations still have signs with separate cash and credit pricing) and though I don't see that being leveraged as much to encourage cash these days I don't think its off the books.