Payments News Update – July 9, 2020
Legal and Regulatory Developments
SPOTLIGHT: Bipartisan Senate Bill Would Punish Retailers for Refusing Cash Payments
CNBC – July 2, 2020
Sens. Bob Menendez, D-N.J., and Kevin Cramer, R-N.D., have introduced a bill prohibiting retailers from declining cash payments from customers, as businesses promote “contactless” digital payment as they grapple with the coronavirus pandemic. Retailers and mall owners,...