Questions tagged [commercial decision]

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KDramaLegendaryStarlight KDramaLegendaryStarlight Sat Jun 08 2024 | 5 answers 1341

Is it illegal to not accept cash in Hong Kong?|Customers who are not satisfied with a restaurant's payment requirement may file a complaint to the Consumer Council. The Hong Kong Monetary Authority said that in commercial trades, both parties could determine the transaction terms on their own. Whether to accept cash payment is purely a commercial decision.

Is it actually illegal in Hong Kong to refuse cash payments? I'm a bit puzzled about this matter. If a restaurant insists on not accepting cash, can customers take any action? I've heard that dissatisfied customers can lodge complaints with the Consumer Council. Could you elaborate on this? And, what's the official stance of the Hong Kong Monetary Authority on this issue? Do they consider it a violation if businesses don't accept cash? Or is it simply a matter of commercial discretion between the two parties involved in the transaction?

Is it illegal to not accept cash in Hong Kong?|Customers who are not satisfied with a restaurant's payment requirement may file a complaint to the Consumer Council. The Hong Kong Monetary Authority said that in commercial trades, both parties could determine the transaction terms on their own. Whether to accept cash payment is purely a commercial decision.

|Topics at Cryptocurrency Q&A

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