{"id":395550,"date":"2020-12-08T10:03:33","date_gmt":"2020-12-08T15:03:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395550"},"modified":"2020-12-08T10:03:33","modified_gmt":"2020-12-08T15:03:33","slug":"cast-urges-retailers-to-promote-inclusivity-and-accept-all-modes-of-payment-this-holiday-season","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cast-urges-retailers-to-promote-inclusivity-and-accept-all-modes-of-payment-this-holiday-season\/","title":{"rendered":"CAST urges retailers to promote inclusivity and accept all modes of payment this holiday season"},"content":{"rendered":"

\nDespite the extremely low risk of COVID-19 transmission through the handling of currency, some retailers continue to discourage or outright refuse cash as a payment method
\n<\/h2>\n
\n

MONTREAL, Dec. 08, 2020 (GLOBE NEWSWIRE) — As businesses, consumers and communities continue to struggle with the second wave of the pandemic, the Canadian Association of Secured Transportation (CAST) urges retailers to accept cash as a form of payment.<\/p>\n

\u201cEarly in the pandemic, many businesses started refusing cash for fear of COVID-19 transmission. But by the spring, the evidence was clear that cash poses no greater risk than bank cards. Unfortunately, and despite this, some retailers persist in discouraging cash as a payment method or refuse it outright,\u201d stated Steven Meitin, President of the Canadian Association of Secured Transportation.<\/p>\n

Mr. Meitin added, \u201cBank notes are legal tender in Canada, and many citizens rely on cash to obtain essential goods and services, which has become more important than ever in the context of the COVID-19 pandemic and its ongoing social and economic repercussions. No consumer should be refused the right to pay with cash. Unfortunately, in Canada, there is no law or regulation that protects this right, and that needs to change.\u201d<\/p>\n

\u201cCash is inclusive and universally accessible. To deprive Canadians of this payment option is to penalize a large segment of the population, including some of the most vulnerable people in our society who may be unbanked or underbanked, who prefer the security of cash or who rely on cash for income. Let\u2019s ensure that those among us who rely on cash to purchase goods in these difficult times \u2013 no matter the reason \u2013 aren\u2019t unduly punished and that they have access to the goods they need this holiday season,\u201d Mr. Meitin concluded.<\/p>\n

The importance for retailers to accept cash was reiterated by the Bank of Canada on a number of occasions since the beginning of the pandemic. It stated that it \u201cstrongly advocates that retailers continue to accept cash to ensure Canadians have access to the goods and services they need. Refusing cash purchases outright will put an undue burden on those who depend on cash and have limited payment options.\u201d Their full statement is available here<\/a>.<\/p>\n

For more information regarding the low risks related to COVID-19 transmission in the handling of cash we invite you to consult our press releases published May 6, 2020<\/a> and July 8, 2020<\/a>.<\/p>\n

\n
\n About the Canadian Association of Secured Transportation:<\/u>
\n <\/strong>
\n
The purpose of the Canadian Association of Secured Transportation (CAST) is to promote and advocate for the interests of Canadian providers of secure transportation of valuables, to provide a venue for beneficial dialogue among members, and to encourage the advancement and excellence of industry standards across Canada and abroad. www.cast-acts.ca<\/a><\/p>\n

\n Media Contact:<\/strong>
\n
Steven Meitin
President, Canadian Association of Secured Transportation (CAST)
contact_cast@cast-acts.ca
www.cast-acts.ca<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Despite the extremely low risk of COVID-19 transmission through the handling of currency, some retailers continue to discourage or outright refuse cash as a payment method MONTREAL, Dec. 08, 2020 (GLOBE NEWSWIRE) — As businesses, consumers and communities continue to struggle with the second wave of the pandemic, the Canadian Association of Secured Transportation (CAST) urges retailers to accept cash as a form of payment. \u201cEarly in the pandemic, many businesses started refusing cash for fear of COVID-19 transmission. But by the spring, the evidence was clear that cash poses no greater risk than bank cards. Unfortunately, and despite this, some retailers persist in discouraging cash as a payment method or refuse it outright,\u201d stated Steven Meitin, President of the … <\/p>\n

Continue reading “CAST urges retailers to promote inclusivity and accept all modes of payment this holiday season”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395550","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCAST urges retailers to promote inclusivity and accept all modes of payment this holiday season - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cast-urges-retailers-to-promote-inclusivity-and-accept-all-modes-of-payment-this-holiday-season\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CAST urges retailers to promote inclusivity and accept all modes of payment this holiday season - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Despite the extremely low risk of COVID-19 transmission through the handling of currency, some retailers continue to discourage or outright refuse cash as a payment method MONTREAL, Dec. 08, 2020 (GLOBE NEWSWIRE) — As businesses, consumers and communities continue to struggle with the second wave of the pandemic, the Canadian Association of Secured Transportation (CAST) urges retailers to accept cash as a form of payment. \u201cEarly in the pandemic, many businesses started refusing cash for fear of COVID-19 transmission. 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