Is cash still a viable payment method?

The bi-partisan Payment Choice Act of 2025 (H.R.1138 and S.2326) would require retailers to accept cash payments. It would also bar them from charging a premium for cash payments. The measure is designed to help small businesses and the 4.5% of U.S. households that do not have checking or savings accounts (a demographic that represents 20% of all payments in the U.S.). #IdeaoftheDay