Is it illegal for a merchant to refuse to accept cash?

Illegal. Cash refers to the medium of exchange determined by the laws of each sovereign state and immediately put into circulation within a certain range. It has universal acceptability and can be effectively used immediately to purchase goods, goods, services, or pay off debts.

It is the most liquid asset in a business. It can be used at the discretion of the enterprise.

Cash is a general ledger account in the accounting of Chinese enterprises, which is incorporated into monetary funds in the balance sheet and listed as current assets, but cash with special purposes can only be listed as non-current assets as ** or investment projects.

Cash is a universal medium of exchange, and it is also a general measure for the measurement of other assets, and there are narrow and broad senses for cash in accounting. Cash in the narrow sense refers only to cash on hand, that is, cash held in corporate vaults, including banknotes and coins that people often come into contact with. Cash in a broad sense includes three parts: cash on hand, bank deposits, and other monetary funds.

The amount of the reserve is fixed, and the implementation of the first to receive and then report, after the actual reimbursement, and at the same time according to the actual expenditure of the full amount of the reserve, this method is also known as the fixed amount of prepayment method. In China's accounting, the reserve is generally regarded as other receivables, not as cash.

Chen Beiyuan, legal counsel of the Guangdong Provincial Consumers Association, said. According to the Law of the People's Republic of China on the People's Bank of China and the Regulations of the People's Republic of China on the Administration of Renminbi, "the legal tender of the People's Republic of China is Renminbi. No unit or individual may refuse to accept all public and private debts within the territory of the People's Republic of China in renminbi payment.

Article 2 of the Regulations of the People's Republic of China on the Administration of Renminbi stipulates: "The term "renminbi" as used in these Regulations refers to the currency issued by the People's Bank of China in accordance with law, including banknotes and coins. Chen Beiyuan said that from this point of view, the renminbi refers to banknotes and coins, and in layman's terms, it is cash, and the refusal to accept the renminbi refers to the act of refusing to accept renminbi cash.

Hello, glad for your question, it is illegal for merchants to refuse to accept cash, and it is clearly stipulated in the "Regulations of the People's Republic of China on the Administration of RMB" that no unit or individual may refuse to accept RMB.

According to Article 3 of the Regulations of the People's Republic of China on the Administration of Renminbi, the legal tender of the People's Republic of China is Renminbi, and all public and private debts within the territory of the People's Republic of China shall be paid in Renminbi, and no unit or individual shall refuse to accept them.

It should be illegal for a merchant to refuse to accept cash.

According to the relevant laws of the country, RMB is the legal tender of the country, and no person or organization can refuse to use it.

It is illegal for a merchant to refuse to accept cash, and it can be reported and complained to the relevant departments.

It is certainly illegal for a merchant to refuse to accept cash. This is clearly stipulated in the People's Republic of China Currency Usage Regulations.

Merchants cannot refuse cash for any reason. Now some businesses are trying to save trouble and make it convenient. Some refuse to collect cash from customers in order to evade taxes. As everyone knows, this is extremely inconvenient for elderly friends.

Now the country is gradually and effectively implementing digital currency. In the future, digital ones will be distributed throughout the country. By that time, when the conditions are ripe, our country will gradually abolish cash.

And all converted into digital currency. Of course, this requires a process. It takes more time, and it is not something that can be achieved overnight.

The law stipulates that RMB cannot be rejected, not cash. In other words, it is really just to protect the legal status of the renminbi.

The original intent of this legal provision is not to allow domestic merchants to limit settlement in foreign currencies and not to accept RMB.

As for the form of this RMB, in fact, it essentially includes RMB cash, RMB checks, RMB transfer business, etc., all of which belong to RMB business.

In corporate business, it is not uncommon to only accept RMB transfers without accepting RMB cash, and it is not illegal.

It is indeed illegal for a merchant to refuse to accept cash, and there are specific relevant laws and regulations.

Article 3 of the Regulations of the People's Republic of China on the Administration of Renminbi clearly stipulates that within the territory of China, individuals, merchants or any other units or organizations are not allowed to refuse to accept RMB.

If you encounter such a situation, you can choose to call the police.

Article 3 of the Regulations of the People's Republic of China on the Administration of RMB The legal tender of the People's Republic of China is RMB. No unit or individual may refuse to accept all public and private debts within the territory of the People's Republic of China in renminbi.

Theoretically, it is illegal, but no law enforcement agency has spent energy to investigate this matter, and for consumers, it is rare to spend time tossing and prosecuting for this matter, and it is all pulled down by another store. There are laws, but there are many cases where the implementation is like a fictitious one, and it needs to be improved.

It is illegal for a merchant to refuse to accept cash, and according to the relevant laws, no one is allowed to refuse to accept RMB in China, and it is illegal to refuse to accept it.

It is definitely illegal for merchants to refuse to accept cash, but some merchants know that it is illegal, but for their own convenience, they are afraid of receiving counterfeit money, etc., if they do not accept it, it is mainly based on education, and they can't really give much punishment.

Of course, it is illegal for merchants to refuse to accept cash, because according to China's laws, RMB is China's legal currency, and no unit or individual may refuse to accept RMB.

According to the National Cash Management Law, merchants do not have the right to refuse to accept RMB, and they can report that RMB is a currency in circulation, and each merchant accepts it unconditionally. As long as the merchant refuses to accept RMB or cash, you can sue him for breaking the law.

Refusal to accept cash" is an offence. Not long ago, the People's Bank of China issued an announcement pointing out that the legal tender of the People's Republic of China is the renminbi, including banknotes and coins, and no unit or individual may refuse to accept it by means of standard terms, notices, statements, notices, etc., except for cases where non-cash payment instruments should be used according to law. Where any unit or individual has violated laws or regulations such as refusing to accept or employing discriminatory measures to exclude cash, it shall make corrections within one month from the date of publication of the announcement.

Where the above-mentioned violations of laws and regulations still persist after the rectification period has expired, the branches of the People's Bank of China in conjunction with the relevant departments shall investigate and deal with them in accordance with law.

I think it is not illegal for merchants to refuse to accept cash, but it violates the transaction ethics itself, many elderly people do not use mobile phones to pay, so there will be cash-like transactions, so if the merchant refuses to accept cash transactions, it will violate a lot of business rules.

Merchants refuse to accept cash, at present, it is not illegal, but it is unreasonable, in fact, for the sake of sales performance and interests, there is no phenomenon of merchants refusing to accept cash, on the contrary, they are relevant functional departments, such as taxation, schools and other authorities refuse to accept cash, if it is illegal, they don't fight themselves,

Now that relevant regulations have been introduced, it should be illegal for merchants to refuse to accept cash. Given that there are a lot of older people who don't know how to use smartphones. Then the need to pay with cash flow guarantee should not be stopped.

On the other hand, cash is much more secure than mobile payments. Especially when there is a disaster such as a telecommunications failure. Cash payments are even more important.

Neither the People's Bank of China Law nor the RMB Administration Regulations treat the refusal to accept cash as an illegal act in the provisions, let alone require the relevant legal liability for the refusal to accept cash.

It is illegal to refuse to accept cash, and I believe that stores should fully consider the needs of consumers, not refuse cash payments, and prepare an appropriate amount of change. Clauses such as no cash and no change are also infringements on consumer rights.

Of course, it is illegal to refuse to accept cash, but cash is issued in our country.

It is illegal for merchants to collect cash, in violation of the Currency Law, cash is legal tender and is very necessary for the elderly who are not familiar with smart technology. Accepting cash is a sign of respect and care for the elderly.

Breaking the law, this kind of behavior violates the ".People's Bank of China LawConsumers can complain directly to the financial sector, but be careful to preserve evidence when this is the case.

The merchant's refusal to accept cash is an illegal act, their behavior violates the relevant provisions of the People's Bank of China Law and the RMB Management Regulations**, in these regulations and policies, it is clearly stipulated that no institution can refuse to accept RMB, if the rights and interests of consumers are harmed, they must call 12363 Financial Consumer Rights Protection ** in time, and the other party will be punished after the complaint is successful.

1. Pay attention to the authenticity of the RMB

It is illegal for merchants to refuse to accept cash, but they should also pay attention to the identification of the authenticity of RMB when receiving cash, because there is still a certain amount of counterfeit money flowing in the market, if you do not pay attention to the authenticity identification when receiving cash, you may be deceived, and then you need to bear this part of the responsibility and compensate according to the price, so it is best to put it in the money detector when receiving cash, and carefully check when you find abnormalities.

2. Evidence should be kept for refusing to accept cash

When consumers encounter the merchant's refusal to accept cash, they should also pay attention to retaining evidence, and it is best to take a picture of what the other party said when they refuse to accept cash, and do it with a mobile phone or directly record it, and submit it to the public security department at that time.

Or the court can also submit it to the Financial Consumer Rights Protection Center, so that the relevant departments will be simpler in the investigation and verification, and the other party will not be able to deny it, and must admit the mistake and accept the punishment in front of the evidence.

3. Safeguard the status and authority of the renminbi

Merchant refusal to accept cash is illegal, in daily life whether it is a merchant or a consumer, to maintain the status and authority of the RMB, although now non-cash payment is very popular, but also to facilitate people's lives, but the RMB is still an extremely important existence, it has an unshakable position in our country, and is the country's legal tender, must ensure its authority, the act of refusing cash to be severely punished.

It is illegal for a merchant to refuse to accept cash, because all RMB is universal, and you should not refuse to accept cash on the grounds that it is difficult to save money or keep it. Cash is something that everyone has the right and obligation to use.

The merchant's refusal to accept cash is illegal, and the current mobile payment is more popular and convenient, but cash payment should also be retained, because many elderly people do not have smartphones and will not pay on mobile. If you encounter such a boss, you should explain the situation to the boss, strive to gain his understanding, and if he insists, you can respond to the local market supervision department.

Of course, it is illegal, because the law stipulates that it is illegal for any institution to refuse to accept RMB. Care should be taken to distinguish the authenticity of cash, otherwise it is easy to cause losses.

When we encounter a merchant who refuses to accept cash, we should first question him why he does not accept cash, and secondly, tell him that he will be punished for not accepting cash, and if he still does not accept cash, we can complain to the relevant departments to solve the matter, which is said to be subject to education and punishment by the relevant law enforcement authorities, and may be sentenced in serious cases.

From a legal point of view, the practice of not accepting cash is a refusal to accept RMB, which is an out-and-out illegal act, according to the Chinese regulations of the People's Republic of China, no unit shall refuse to accept payment in RMB, and if the circumstances are serious, administrative penalties such as warnings and fines will be imposed in accordance with the law, and the punishment information will be recorded in the bad credit record of the penalized person.

It is necessary to argue on the basis of reason, and to tell the other country that this kind of refusal to accept cash will be punished. The penalty should be a fine, and there will be a lot of fines.

Merchants who refuse to accept cash can complain, and those who refuse to accept cash will face severe punishment from law enforcement, as well as suspension of business for rectification and a certain amount of fines.

In the face of such a businessman, he can be prosecuted because his behavior has constituted an illegal act, and then he will also be subject to the corresponding financial fines later.

Merchants who refuse to accept cash can make complaints and reports through various channels such as consumer rights protection, urban government affairs**, and financial consumer rights and interests protection.

Merchants who refuse to accept cash will face penalties such as administrative warnings.

Nowadays, many people will go out to consume, and young people will go out to eat or shop every time they have a break, so everyone likes to spend very much. However, some people may have some unexpected situations, is it illegal for merchants to refuse to accept cash?

1. Is it illegal for a merchant to refuse to accept cash?

Everyone also knows that the renminbi is universal, and if the merchant refuses to accept cash, then everyone can contact the relevant departments directly, because the merchant has no right to refuse to accept cash. Because RMB is the currency of your peers, if you only have change in your hand, then you can pay the merchant cash, and if the merchant refuses you for various reasons, you can directly call the police at this time. Therefore, I think that the merchant's refusal to accept cash is illegal, and everyone can report it in their daily life, because the merchant does not have any right to do so.

2. What do you think about the rejection of cash?

Some merchants don't like to accept cash, because these merchants feel that it is particularly troublesome for them to collect cash, so they hope that consumers can directly scan the code to pay. However, many young people are very fond of scanning the QR code to pay, and there are some elderly people who do not know how to use mobile phones to pay, so they may use cash to pay. Therefore, I think that some merchants must also be humane, some if consumers do not use mobile phones at this time, or consumers have no way to scan the code to pay for special reasons, then at this time you must also directly refuse to accept cash, and merchants cannot refuse for various reasons at this time.

III. Conclusion

These problems are necessary to attract everyone's attention, because many people will now use mobile phones to shop, or directly use mobile phones to consume. Although it is very convenient to use a mobile phone, I feel that cash also needs to be circulated, so merchants cannot directly refuse consumers to use cash to pay at this time, so this must be illegal.