Philadelphia's new law banning cashless stores pits retailers' desire to innovate against concerns over lower-income consumer access
Starting in July, Philadelphia’s new law will require most retail stores to accept cash. A New York City councilman is pushing similar legislation there, and New Jersey’s legislature recently passed a bill banning cashless stores statewide.
A spokesman for New Jersey Gov. Phil Murphy, a Democrat, declined to comment...No cash? No problem. A trip to Shenzhen, China highlights how the explosive growth of mobile payments is driving a wallet-free society. WSJ's Jason Bellini reports.
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