The New NYC Law That Will Fine Businesses Up To $1,500 For Refusing Cash: Everything You Need To Know

Good news for New Yorkers who carry exact change : a new law now prohibits businesses in certain areas from going fully cashless. In an increasingly digital era, it seems like screens are everywhere—on sunglasses, on menus, and, of course, at checkout counters, whether in a bustling café or a neighborhood store. New York City has been moving fast into this tech-driven future, with changes touching almost every part of daily life. From the retirement of MetroCards and rollout of tap-to-pay on public transit, to apps now handling everything from parking payments to restaurant reservations. While these innovations make life faster for some, they also highlight the importance of keeping traditional , low-tech options available so that everyone—regardless of age, income, or comfort with technology—can still navigate the city with ease. The convenience of tapping a card or scanning a phone is undeniable , but for many, the option to pay with cash remains essential. Not everyone has a bank account or credit card, emergencies or technical glitches can make digital payments impossible, and cash allows for privacy, quick small transactions, and inclusion for people of all ages. For those who rely on it, the simple act of handing over bills or coins remains a necessity. New York Senate Bill S4153A, signed into law by Governor Kathy Hochul, ensures that retail establishments, restaurants, grocery stores, food trucks, and other consumer-facing businesses cannot refuse cash payments . Fines of up to $1,500 can be imposed on businesses that fail to comply. The law covers nearly any business selling goods or services directly to consumers—whether items for personal or household use, food and beverages consumed on or off the premises, or commodities displayed or offered for sale in stores, pushcarts, or vehicles. 💵 Who can’t go cashless under the new law --------------------------------------------- * Restaurants – Any establishment serving food or beverages, whether for dine-in, takeout, or delivery * Food trucks and pushcarts – Mobile vendors selling food or drinks on the go * Grocery stores – Shops selling food and household essentials * Retail stores – Any business selling items for personal, household, or family use * Other consumer-facing businesses – Any place where services are provided or consumer goods are displayed or sold at retail, whether on-site or via mobile setups The law kicks in 120 days after signing, around March 20th, 2026 , giving businesses time to update systems and train staff. Some may use machines that turn cash into prepaid cards for payment, but if those devices fail, businesses must accept cash and clearly post customers’ rights. Even as technology marches forward , it’s important to hold on to classic methods—especially when they make life accessible for everyone. Source: https://secretnyc.co/new-york-cash-law-march-2026/