The advance technology in our lives has been halted somewhat New York City. Lawmakers have passed a bill to ban cashless businesses. many parts of the world a seemingly relentless drive to replace cash plastic or digital payments, New York City officials have decided cash still has a valuable part to play our lives. The officials have approved legislation that prohibits stores, restaurants and other retail outlets refusing to accept cash. They want to provide the ability people who prefer to pay traditional means, through notes and coins. This means businesses in the city will no longer be able to insist that customers make use cashless payments in any transactions.
Businesses that violate the new regulation could face hefty fines of to $1,500 each offense. Critics cashless businesses say they discriminate the poorer sections of society, many of whom do not have bank accounts or credit cards. One city resident said: "I worry the real-world discriminatory effect that cashless business can have New Yorkers, especially communities of color." Another said: "I think it's incredibly discriminatory not to accept cash because some people can't get credit." An opponent the bill said it was a sign of government interference: He said: "We are inserting ourselves the business of business a way that we don't have the right to."