US EditionCash Is King: Bipartisan Bill Seeks to Preserve Cash Payment Rights
UNITED STATES, JUL 21 – The Payment Choice Act aims to protect 4.5% of U.S. households without bank accounts by requiring businesses to accept cash payments up to $500 and banning extra fees for cash use.
- On July 17, 2025, Senators John Fetterman and Kevin Cramer introduced the Payment Choice Act in Washington, D.C., requiring brick-and-mortar retailers to accept cash up to $500 per transaction and banning surcharges.
- Facing growing cash-free policies, the bill highlights that 4.5% of U.S. households lack bank accounts and nearly 20% of payments are made with cash.
- Under the bill, businesses must accept cash with limited exceptions for technical failures or conversion devices, and fines reach up to $1,500, while some large bills may be refused temporarily.
- Senator John Fetterman declared, `It’s simple: if you’re open for business in America, you should take U.S. dollars`, while Senator Cramer said, `Cash is still legal tender in the United States`, adding the bill protects consumer payment options.
- In several jurisdictions, the proposal highlights ongoing debates over consumer rights, noting that Washington, D.C., and states like Oregon, New Jersey, and Massachusetts have already enacted cash-acceptance measures.
17 Articles
17 Articles
In a new break with the policies that Democratic leaders have been defending, Senator John Fetterman presented with his Republican colleague Kevin Cramer a bipartisan bill that defends the survival of cash against the advance of digital payments. For Pennsylvania's legislator, this is a necessary measure for "Millions of people in this country have no access to bank accounts and must be able to buy with the money they made so hard."Read more]]>
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Cash is king: bipartisan bill seeks to preserve cash payment rights
A bipartisan pair of U.S. senators is working to ensure that Americans can continue to use cash as a payment method at brick-and-mortar businesses. Sen. John Fetterman, D-Penn., and Sen. Kevin Cramer, R-N.D., have introduced the Payment Choice Act, a bill that would prohibit businesses from refusing cash payments up to $500. The legislation would guarantee consumers the right to pay with paper currency, even at establishments that claim to only …
Colorado Springs Gazette
Denver GazetteFetterman pushes bipartisan bill to prevent businesses from going cashless
Sen. John Fetterman (D-PA) engaged in a bipartisan push to prohibit companies from eliminating cash payments, arguing that a cashless society harms “millions” who do not have bank accounts. Fetterman joined Sen. Kevin Cramer (R-ND) in introducing the Payment Choice…
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