New York State cash payment law takes effect Saturday with specific exemptions
ROCHESTER, N.Y. — A new cash payment law goes into effect on Saturday.
Under the law, stores throughout New York State must let customers pay in cash. There are a few exceptions.
Stores don’t have to accept bills in denominations above $20. They also don’t have to accept cash for orders made by phone, mail or internet — unless the transaction happens at the store.
The law also doesn’t apply if a store has a device to convert cash into a prepaid card.
For more information on the law, visit the Office of the New York State Attorney General’s website here.
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