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A new state law will require retailers to accept cash for most transactions below $500, and fine repeat violators up to $5,000.
The report notes that most people view cash as a backup payment method.
People making certain cash transactions of $1,000 or more at money services businesses in parts of Texas and New Mexico may be asked for identification...
Throughout Europe, the vast majority of businesses accept cash from customers, despite having announced plans to eventually abandon them and only accept cards.
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