San Francisco is about to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards.
High-paid tech workers who flocked to San Francisco to work for Facebook, Google, Uber and Airbnb may like the ease of paying by credit card, debit card or smartphone. But many low-income people, including more than 4,000 who sleep on San Francisco’s streets every night, likely don’t have money to sustain bank accounts.
San Francisco’s legislation requires brick-and-mortar businesses to accept cash for goods and some services. Temporary pop-up stores and internet-only businesses such as ride-hailing companies would be exempt, as would food trucks, which say they lack the resources to handle cash. Amazon opened its first cash-accepting store Tuesday in a high-end New York City shopping mall frequented by office workers. Anyone who wants to pay with cash will be swiped through the turnstile entrance by employees. After shoppers grab what they want, an employee will scan the items with a mobile device, take the cash and give customers their change.
Many employers require direct deposit, which means those folks must have a checking account. How about starting with forcing employers to offer checks or check cashing service.
It's only after cash is outlawed that people will finally realize what they've lost by its absence: anonymity, privacy, equality, power. ItsTheBankersStupid
It does when the credit industry gives out credit like candy in the early 90 and now with only the pretty and family having jobs a lot of ppl were put in debt credit score ruined and now no credit cards are issued humm now utilities and stores are going cashless
They have their bank cards
AMERICA wants their country back, after the disaster OBAMA nearly destroyed it. America does NOT want another LIBERAL OBAMA trying to lead our country again