Yes, in general, under Florida law, businesses can refuse to accept cash payments. On the other hand, some jurisdictions, such as Miami-Dade County, have local ordinances in place that require businesses to accept cash.
Recent proposed legislation, such as Florida House Bills 67 and 35, which would have required some businesses to accept cash payments, never passed. Therefore, there is no statewide mandate requiring businesses to accept cash. Businesses should stay up-to-date on tentative state-wide legislation as well as all local ordinances in the county where they conduct business to ensure compliance and avoid any unexpected penalties.
While cash-acceptance laws vary across Florida counties, Ready Credit’s inclusive payment solutions help businesses stay compliant while accommodating both cash and cashless customers.