There is no federal law that requires stores to accept cash, which was something that surprised me. So some stores are going cashless, but some argue this discriminates against poor people who don’t have a bank account and/or a fancy smartphone.
Advocates for cashless bans worry technology is moving too fast for the 6.5% of American households — 8.4 million — that do not have a bank account, according to figures from the Federal Deposit Insurance Corporation.
Cashless is hard enough, but imagine if you walked into a store only to find out that it only accepts Google Pay. That might bring the reality a bit closer to home.
Check It Out: Backlash Against Cashless Stores