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The Conversation USA

The Conversation USA

'No cash accepted' signs are bad news for millions of unbanked Americans

  • Written by Jay L. Zagorsky, Clinical Associate Professor of Markets, Public Policy and Law, Boston University

How many people don’t have a bank account? And just how difficult has it become to live without one?

These questions are becoming increasingly important as more businesses refuse to take cashin cities across the U.S. People without bank accounts are shut out from stores and restaurants that refuse to accept cash.

As it happens, a lot of people...

Read more: 'No cash accepted' signs are bad news for millions of unbanked Americans

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