Consumers Need Payment Choice

Why is Payment Choice Important?

Cashless enterprises lock out millions of unbanked Americans, of all ages, and open consumers to data privacy breaches while dramatically reducing payment options.  Citizens who value the anonymity of paying with cash, and who do not want to be burdened by the high rates of interest on credit cards, should have the option to pay with cash.

​

Maintaining a cash option has already generated widespread public support across the country.  Within the past two years, the state of New Jersey, and cities including Washington, D.C. Philadelphia, San Francisco, and  New York City all have laws protecting a consumer's right to use cash.

​

Paying with cash:

​

• is something everyone can do regardless of income or status.

• is essential for consumers who don't have bank accounts or credit cards.

• provides more privacy than other forms of payment.

• limits the risk of data breaches.

• helps consumers budget and teach children financial responsibility.

CCPC Membership

At present, multiple organizations and companies have signed on to the coalition, including:

• Amusement and Music Operators Association (AMOA)

• APG Cash Drawer

• ARCA

• BANCSOURCE

• Cash Essentials

• Consumer Action

• Crane Currency

• Currency Research

• Diebold Nixdorf

• Enterprise Risk Management

• Financial Service Centers of America

• Global Coin Solutions

• Genmega

• Hyosung America

• Independent Armored Car Operators Association (IACOA)

• IMONEX

• International Currency Association (ICA)

• NAACP

• National ATM Council, Inc. (NAC)

• INFIN

• Pin4

• Secure Cash & Transport Association

• Triton

​

Please contact us directly if you are interested in joining the movement.

Current Legislative Initiatives

Among the new coalition’s top priorities is supporting passage of The Payment Choice Act of 2019 (HR-2650). The bill, introduced by Rep. Donald M. Payne Jr. (D-NJ), now has 56 bipartisan co-sponsors. If enacted, the law would prohibit cashless retail establishments and maintain US currency as a viable means of payment for the vast majority of consumer purchases in the US.

​

H.R. 2650 closely follows popular measures recently adopted at local and state levels, which largely ban cashless policies at brick-and-mortar retail establishments, while not disrupting traditional non-cash payment methods using the internet, phone, and mail. Additionally, the bill provides penalties for violations ranging from $2,500 for a first offense to $5,000 for subsequent violations.

​

On July 1, 2020 Senate Bill 4145 was introduced by Senator Bob Menendez (D-NJ) and Senator Kevin Cramer (R-ND). This bill is the companion bill for HR 2650 and the coalition will support its passage. 

​

Executive Director

Jon Alexander

1050 Connecticut Ave, NW

Suite 500

Washington, DC 20036

202-772-2371

​

Policy Director

Palmer Hamilton

499 S Capitol St. SW

Suite 600

Washington, DC 20003

202-203-1000