TL;DR
Philadelphia is requiring most stores and restaurants to accept cash, with establishments having until July 1 to comply. The new rule was signed into legislation by Philadelphia mayor Jim Kenney.
Philadelphia is officially requiring most stores and restaurants to accept cash, and establishments have until July 1 to comply with the new rule, according to a Fortune report .
Philadelphia mayor Jim Kenney signed the legislation, and businesses who do not comply by the July 1 deadline risk paying fines of up to $2,000, according to the article.
As more and more franchises, particularly food establishments, invest in efforts to keep up with consumer demands and allow for more options in terms of online ordering and third-party delivery , this legislation is a reminder that an in-person cash transaction is still sometimes the best - and only - option for many a customer.
In this story
This story was originally published in 1851 Franchise on March 8, 2019. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.