From January 2028, Jersey businesses selling in-person goods and services must accept cash.
Politicians have approved Deputy Montfort Tadier's bid to stop the island 'sleepwalking to a cashless economy.'
READ: 'Jersey must be stopped from sleepwalking into cashless economy'
The proposal means Ministers will have to 'take the necessary steps' to ensure businesses accept notes and coins, unless they fall under a list of exemptions which will be drawn up through a consultation.
Despite not receiving support from the Council of Ministers, following a lengthy States debate, 31 members of the Assembly were in favour.
READ: Ministers unsupportive of legislation to protect cash-use
8 voted against, and 2 abstained from voting.
Opinions were split between allowing businesses to use their 'discretion', whilst protecting those on lower incomes and older islanders.
The Education Minister also said physical money helps children 'learn its value', and that cash is how some people can budget:
Other politicians said that accepting the proposition would be 'travelling with the current' of other jurisdictions.
The Council of Ministers is also to bring forward a policy paper on long-term access to cash and cash usage in the island, including a review of the fees banks charge for depositing or withdrawing cash.
This should be presented to the States Assembly by March 2027.
Eyes up! It's Air Display day...
Haut Du Mont Trial: 'It could explode', jury hears 999 calls
Haut Du Mont Trial: Worker checking gas valves spent almost 'entire' time on his phone
Red Arrows still expected for Jersey Air Show
Haut Du Mont Trial: Gas works were 'sloppy, unsafe, and cut corners', allege prosecutors
26 Victoria Village homes get planning permission
Haut du Mont trial: Explosion 'an incident waiting to happen'
Jersey flights impacted by UK air traffic control issue
Comments
Add a comment