According to news on February 2, according to media reports, starting from February 1, the "RMB Cash Receipt and Service Regulations" (referred to as the "Regulations") formulated by the People's Bank of China and other three departments will be officially implemented. The "Regulations" make it clear that, except when non-cash payment tools are required to perform obligations or legal duties stipulated in laws, regulations, rules, etc.You are not allowed to refuse cash, you are not allowed to ask or induce others to refuse cash, and you are not allowed to take discriminatory measures against cash payments or damage the convenience of cash payments.
RMB is my country's legal tender. As the most basic payment tool, RMB cash plays an important role in serving the real economy, realizing inclusive finance, and maintaining financial stability.
In recent years, with the rapid development of emerging payment methods such as mobile payments, some new problems have arisen in the use of RMB cash in circulation. For example, some consumers have been refused RMB cash when spending money at merchants in tourist attractions, restaurants, retail and other industries. This has not only damaged the legal status of RMB, but also damaged consumers' right to choose payment methods.
The Spring Festival is approaching, and the public's multi-faceted payment needs will also be released. It is believed that with the implementation of the "Regulations", a more diversified, more inclusive and more convenient payment environment will surely provide solid support for improving the consumption environment and promoting high-quality development.
