Merchants regard epidemic prevention as a reason for rejecting cash? This behavior is suspected of being illegal

[People's Voice] "Continuous Rectification of Cash Rejection" Is Necessary

This month, the central bank held a 2020 national video, gold, silver and security work video and teleconference. While proposing to "stable development of legal digital currency research and development", it also emphasized "continuous rectification of rejected cash" and "full protection of cash supply And safe to use ". According to the statement issued by the central bank on issues related to cash use during the epidemic, “In order to reduce personnel contact, safe and legal non-cash payment instruments can be used first”, but consumers ’diversified payment methods should also be respected. Service and communication to avoid cash rejection. "

In fact, during the epidemic prevention and control period, the central bank received complaints from the masses that individual merchants refused to receive cash in the name of epidemic prevention and control. To this end, the central bank has taken greater efforts to put in place new bonds and organized financial institutions to sterilize the returned funds. Many banks have also taken certain measures, such as the provision of cash disinfection equipment and materials, shutting down the integrated circulation machine for deposits and withdrawals, etc., and keeping the hospital cash separately.

In other words, treating epidemic prevention as a reason for refusing cash is untenable. The real reason for many merchants rejecting cash is actually to save labor costs, but such behavior is suspected of being illegal. The renminbi is a sovereign currency with the national emblem printed on it. The People ’s Bank of China Law clearly stipulates that the legal currency of our country is the renminbi. ".

Some people will say that since mobile payment is already widespread, is cash still useful? As everyone knows, in the past few years of the rise of electronic payment, the decline in the share of cash in the monetary system has slowed down, and the demand for large amounts of cash is increasing, such as in the fields of wholesale, real estate, and automobiles. Pilot cash management. " After the coverage of mobile payment expands, the cash flow rate decreases and the precipitation increases. Instead, the demand for cash increases.

Large transactions cannot be without cash, as are small expenditures. Some people may also feel that the elderly should learn mobile payment, and small transactions in the society do not need cash. Mobile payment is really not only a smart phone, but also requires a series of authorizations, many elderly people do not even have debit cards, and some elderly people have limited vision or finger functions and are difficult to operate. Similar situations also exist for minors, who have limited control over electronic payments, and minors use adult accounts to make large amounts of payments, leading to frequent disputes. What's more, smartphones and mobile Internet users are not 100% popular, and this time the poor students can see online classes. Cash payment is a "pocket" payment method for groups in need, people with disabilities, the elderly and minors, and it is absolutely necessary.

Special groups cannot do without cash payment, as do others. Even if you are skilled in mobile payment operations, there will be many cases where you will not receive the signal, the phone owes for downtime, or you will forget it, lose it, malfunction or lose power. Conversely, no merchant can guarantee that its electronic settlement will never cause any problems from software to hardware. For everyone, a smooth cash payment channel is the final "bottom line" of daily transactions and must exist in the lives of the people.

Then, there is no way to "no contact" with cash during the epidemic? No, this problem was solved when there was no mobile payment. In the past, the clerk of the pastry shop deli had to collect money and bag at the same time. The cash was placed in a special tray. The clips were used to count the change. The hands would never touch the cash and touch the food. I ’ve seen it all, and it ’s really not difficult to do it now.

Circulation currency is a symbol of a country ’s currency sovereignty and the “underlying asset” of the bookkeeping currency. Under the modern credit currency system, the circulation of currency is not only the most important form of currency delivery, but also the main currency management tool. Tens of thousands of people who refuse cash can't be "reasonable" and maintaining the payment function of cash is also maintaining the stability and health of the financial system.

Shunian