Firms Should Not Refuse to Handle Cash in Transactions

Saudi Arabia’s Commerce Ministry has warned firms not to refuse to handle cash in transactions. If they do, they will be punished in line with a new Circular issued by the Acting Deputy Minister of Commerce for Consumer Protection. The Circular was sent to the Council of Saudi Chambers who will have to communicate it to all shops, establishments, companies and markets. Firms will not be able to do so on public health grounds. The warning was issued after some shops were found to not be accepting coins or notes while others were only saying electronic payments were accepted. Full story

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