NCR Atleos applauds New York’s new cash acceptance law as a win for inclusion and consumer payment choice

ATLANTA - NCR Atleos Corporation (NYSE: NATL) ("Atleos"), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced strong support for New York State's newly implemented law requiring retail stores and food establishments to accept cash for in-person transactions.

The law officially took effect on March 21, 2026, making it generally illegal for New York retailers to refuse cash payments and prohibiting them from charging higher prices for customers paying with cash. Under the new statewide policy as enacted, retailers must generally accept cash in denominations of $20 or less, and violators may face civil penalties starting at $1,000 for a first offense and $1,500 for subsequent violations. The law is designed to protect consumer access to essential goods and services, especially for individuals who rely on cash as their primary payment method.

Ben Bregman, SVP of Solutions for NCR Atleos, emphasized the importance of the law for financial inclusion across diverse communities: "NCR Atleos fully supports New York's statewide cash-acceptance requirement because access matters. Millions of Americans depend on cash every day, and no one should be excluded from commerce simply because of how they choose-or are able-to pay. In our view, this law aligns with financial services ecosystem participants' goals of broadening financial access, ensuring that every consumer can participate confidently in the economy and fostering a safe and stable financial system for all."

NCR Atleos, a global leader in ATM networks and self-service financial access solutions, has long advocated for equitable payment experiences. The company continues to invest heavily in infrastructure and technology that sustain free access to cash, including ATM availability in underserved communities and high-traffic retail locations.

The New York law reflects a broader national conversation about how to protect consumers in an increasingly digital payments landscape.

"Consumer-led commerce drives more than half of economic activity," Bregman added. "Keeping the engine of our economy growing uninterrupted is an important policy consideration for consumers, merchants, and financial institutions. NCR Atleos is committed to supporting the ecosystem, and to helping cash access remain convenient and accessible."

About NCR Atleos
NCR Atleos (NYSE: NATL) is the leader in expanding self-service financial access, with industry-leading ATM expertise and experience, unrivaled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation. NCR Atleos improves operational efficiency for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers. NCR Atleos is ranked #12 in Newsweek's prestigious 2025 Top 100 Global Most Loved Workplaces® list. NCR Atleos is headquartered in Atlanta, Ga., with approximately 20,000 employees globally. For more information, visit www.ncratleos.com.

Media Contact
Scott Sykes
NCR Atleos
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