Background & Purpose
As society becomes increasingly digital, many people find it difficult to pay with physical cash. This has created a need to protect the right to use cash for daily necessities.
The Decision
The parliament decided that grocery stores and pharmacies must accept cash at manned checkouts, and banks must provide services for cash deposits. Additionally, the government has been tasked to investigate if public services should also be required to accept cash.
Does this affect you?
- Consumers who prefer cash: They gain a legal right to pay with cash at grocery stores and pharmacies, making it easier to shop for food and medicine.
- Small business owners: They will have better access to services for handling their daily cash flow and getting change for their registers.
- Bank customers: They will have improved access to physical locations where they can deposit their cash.
In Practice
- Grocery stores and pharmacies are required to accept cash payments at manned registers.
- Banks must offer services that allow consumers to deposit cash in a secure way throughout the country.
- Businesses will get better access to services for handling change and depositing daily earnings.
- The government has been tasked to investigate if public services should also be required to accept cash.
