Please look though our current and past newsletters for the United States region to keep up to date on latest news.
Efforts to protect the consumer's right to pay with cash have made some significant gains in the past few weeks. It has been reported that Amazon pivoted on its intentions to make all Amazon Go stores cashless. Regardless of the reason, we commend them for this change in policy. It keeps the doors open for millions of unbanked and underbanked consumers.
Governor Phil Murphy signed New Jersey's ban on cashless retail establishments into law on March 18th. At least two versions of a similar bill are being debated in New York. The Oregon bill allows exceptions for transaction deposits that might exceed $100. Multiple hearings have been held - most recently on April 9. Connecticut's bill was referred to committee last month. The City of Philadelphia passed it's own ordinance earlier in the year. New York City and San Francisco are actively considering their own local versions of cashless bans.
Even those with a vested interest in a cashless environment should take a moment to consider factors outside of payment choice. In times of crisis – regardless of the cause – cash is often the only option. The only viable back-up system in all such circumstances is cash.
Although every U.S. banknote clearly states that "This note is legal tender for all debts, public and private", there is no federal law that requires acceptance of cash. And there does not appear to be distinct support for such a law – at least, not at the present time.
That being the case, ATMIA will continue to support efforts to ban cashless retail establishments at the city and state level. This is in addition to our ongoing advocacy for cash and consumer payment choice.
In fact, the 20th annual U.S. conference broke quite a few records. Overall attendance of 1,132 exceeded last year's record in Las Vegas. And the 105 exhibitors and sponsors filling the show floor was also a record.
Cashless bans gain momentum. The efforts to ban retail establishments from refusing cash payments have really caught fire in the past few months. The latest and perhaps most visible activity is in New York City and the state of New Jersey, where such measures have been introduced. The stated motivation in these instances is that a cashless environment discriminates against the poor and the unbanked.
You don't want to miss your 20th . . . The 20th annual ATMIA USA conference and expo, that is. The industry's largest and premier event. Expect to see over 1,200 of your colleagues and more than 100 sponsors and exhibitors, representing every segment of the ATM industry. Getting the most out of this eventful-event is a simple four-step process.
Sign up to receive the news you want from ATMIA. We have a wide selection ranging from conference details, regional news and industry updates. You may update and change these details at any time. We look forward to staying in touch!
Add atmia.com to your favorites, make it your homepage or pin the website to your task bar or desktop.
Subscribe to our RSS feed and stay up to date with all of our press releases.