NAC urges to keep cash a payment option
In a Feb. 18 press release, NAC is encouraging its members and those who believe cash should not be outlawed as a payment option, to contact their representatives in Congress to keep cash as a valid payment form.
HR-2650 – The Payment Choice Act of 2019 (commonly known as “the Payne bill”), would prohibit retail businesses from (1) refusing to accept payment in cash from their customers; and (2) require that customers make payment by means other than cash.
NAC is asking Congress members to co-sponsor HR-2650, which is now pending in the U.S. House of Representatives. There are currently 35 bipartisan cosponsors of the bill, but more are needed to gain momentum and pass the bill.