Doug Pertz president and chief executive officer of The Brinks Company issued the following statement in response to recent and ongoing media coverage related to the use of cash by U.S. retailers and consumersWe are pleased to see media coverage of Amazons decision to accept cash at its Go stores and we urge other retailers that are considering banning cash from their stores to follow Amazons lead. Retailers that ban cash are potentially excluding approximately 25 of people in the U.S. who are either totally unbanked or underbanked with little or no access to other payment methods. Instead of excluding people retailers throughout the nation should be making it easier for everyone to participate in our economy.All consumers should have the freedom to choose from the full array of payment options including cash which accounts for 30 of U.S. consumer transactions more than any other payment method. Lets live by whats inscribed on each and every U.S. banknote This note is legal tender for all debts public and private.
🔍 Key Information
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Tender Reference No.
443687716
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Publication Date
20 Apr 2019
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
United states
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🏷️ CPV
No CPV found
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