European Union Parliament advances bill protecting cash payments in everyday transactions. Law requires retailers to accept cash, with some specific exceptions still allowed.
Large and small shops must comply, enhancing consumer choice and financial access.
Special situations like lack of change let businesses refuse cash under new rules. Vending machines, ticket kiosks, and similar systems are excluded from the law.
Different regulations apply to car and real estate sales due to laundering risks. Officials aim to reduce reliance on American networks, support digital euro alternatives.