Cashless Isn’t Just Classist—It’s Bad for Business

There's a growing debate across the U.S., and internationally, about whether businesses should be required to accept cash in face-to-face transactions.

San Francisco and Philadelphia have banned cashless-only retailing, arguing that such businesses discriminate against low-income people who might not have bank accounts. The entire state of New Jersey has done likewise. And two bills that would ban cashless stores have been introduced in Congress.

Meanwhile, the World Bank makes the case...

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