New Jersey Store Owners Officially Barred from Going Cashless

The new law signed this week would punish businesses that choose to not accept cash for goods and services.

New Jersey Governor Phil Murphy signed the legislation that could fine cashless businesses up to $2,500 for breaking the new law, according to Press of Atlantic City.

However, there will be a few exceptions, including parking facilities, car rentals and airport vendors.

The cashless store ban gained momentum in New Jersey after Amazon.com reportedly officials in Philly any such legislation would hurt their plans to open Amazon Go stores.  Philadelphia Mayor John Kinney put a similar cashless law into place just this month.

SOURCES: Press of Atlantic City

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