China fined a KFC and other businesses for refusing cash, as Beijing promotes cashless transactions for tourists.
China fined several businesses, including a KFC, for refusing to accept cash, as Beijing aims to make spending more accessible for foreign tourists. The People's Bank of China has fined such businesses for years, but this time, employees from major companies were caught, indicating the rise of cashless transactions in the country. A KFC in Wuxi, Jiangsu, was fined $4,140 for not accepting cash from a customer.
May 21, 2024
3 Articles