Latest Entries

The Great Debate: Are Cashless Stores Discriminating?

As more and more Americans demand convenience and speed in their everyday lives, it makes sense that debit and credit cards — which have boosted these features for many consumers and businesses — have become hugely important to commerce in the U.S.
But some lawmakers have suggested that retailers like Amazon that have been quick to adopt contactless payment options — requiring that customers use only mobile apps and credit or debit cards to shop their businesses — may inadvertently disenfranchise low-income families. The debate — which pits retail innovators such as Amazon against lawmakers looking to maintain access to goods and services for all members of society — has been picking up steam.
Philadelphia this month becoming the first major city to ban cashless stores and, just this week, New Jersey joined the fray when Governor Phil Murphy signed a bill banning cashless retail stores and restaurants across the entire state.
Experts believe the trend could gain momentum across the U.S. as council members in New York and elsewhere lull similar measures — expressing concerns over the future of millions of Americans who don’t have banking or mobile access.
According to FDIC’s 2017 National Survey of Unbanked and Underbanked Americans, 8.4 million U.S.

Follow Footwear News on Twitter or become a fan on Facebook.

Read More…

Via:: https://footwearnews.com/2019/business/retail/cashless-stores-discrimination-new-jersey-philadelphia-law-amazon-1202762526/