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New York's Cash Acceptance Law Takes Effect 2026

3/22/2026

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Story summary
  • The New York cash-acceptance law takes effect on March 21, 2026.
  • Letitia James, New York Attorney General, says businesses cannot refuse cash or charge higher prices for cash transactions.
  • Violators face up to $1,000 for the first offense and $1,500 for subsequent violations.
  • Exceptions include not accepting bills over $20, cashless online orders, and cash-to-card conversions without fees or minimum balances.
  • Consumers can report violations online or by phone.