In Florida, businesses are not legally required to accept cash, as federal law does not mandate private businesses to accept any specific payment form. Miami-Dade County has specific regulations prohibiting businesses from refusing cash as a form of payment for retail goods and services. Customers encountering businesses that reject cash payments can file complaints with the Consumer Protection Division. A 2022 report indicates that cash remains vital for Americans with lower incomes, who may face barriers to obtaining electronic payment methods.
Miami-Dade County prohibits businesses or entities offering retail goods and services to refuse cash as a form of payment for sales. Customers who encounter a business that doesn't accept cash can file a complaint to the county's Consumer Protection Division.
Cash is considered 'legal tender' by the U.S. Federal Reserve, but federal law also doesn't mandate private businesses, individuals or organizations to accept bills or coins for payment.
Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise. The Federal Reserve supports this policy.
Americans with lower incomes are more reliant on cash than wealthier residents, according to a 2022 report from the Pew Research Center.
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