Latest York State Now Requires Businesses to Accept Cash

As of Saturday, March 21, 2026, a new law in New York State requires most businesses to accept cash payments. This legislation aims to ensure access to goods and services for all New Yorkers, particularly those who may not have access to credit or debit cards.

Key Provisions of the Law

The new law prohibits food stores and retail establishments from refusing to accept cash for purchases. Attorney General Letitia James announced the law, mirroring a similar regulation already in effect in New York City since 2020 .

However, there are several exceptions:

• Bill Denominations: Stores are not required to accept bills larger than $20.
• Remote Orders: Cash is not required for orders placed via phone, mail, or internet, unless the transaction is completed in person at the store.
• Prepaid Cards: Businesses that offer a device to convert cash into a prepaid card are exempt from the cash acceptance requirement. However, they cannot charge a fee for this service or require a minimum load amount exceeding $1 .

Penalties for Non-Compliance

Businesses found to be in violation of the new law may face civil penalties. The first violation can result in a fine of up to $1,000, with subsequent violations carrying a maximum penalty of $1,500 .

Why This Law Matters

Attorney General James emphasized that New Yorkers have a right to service regardless of their chosen payment method. The law prevents businesses from denying access to essential goods and services or charging higher prices to customers who pay with cash .

Reporting Violations

New Yorkers who believe a store is violating the law are encouraged to submit a complaint to the Office of the New York State Attorney General .

The law went into effect on March 21, 2026 .