Germany wants to ban "cash only" in stores
The proposal would give shoppers more choice and could help curb tax evasion and money laundering, the Finance Ministry said.
34 Articles
34 Articles
In Germany, shops and restaurants can set their own payment methods. Only if several options are offered, customers can choose freely between them.
German Finance Minister Lars Klingbeil wants to ban "only cash payment" in shops, restaurants and service providers. In future, these should offer at least one digital payment option in addition to cash. The new rules will be implemented in 2027.
Whether with a card, smartphone or smartwatch, retailers should have to offer customers a digital payment option in the future. Trade warns against more bureaucracy and additional costs.
Cash should remain allowed, but trade and gastronomy should offer digital payments in the future. Finance Minister Klingbeil plans to implement it from 2027.
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rbb24In future, shops, restaurants and service providers will also have to offer at least one digital payment option in addition to cash.
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