Legal tender is a concept based … Likewise for all other banknotes, it’s a matter of discretion. Published: … Supermarkets are adding new opening times in order to help staff restock. A shop owner can choose what payment they accept. There are any number of businesses that take only cash. Is it Legal to Refuse Cash Payment. Roy Bland, St Ives, UK. Don't forget to join the Sun Money's Facebook group for the latest bargains and money-saving advice. MONEY guru Martin Lewis has settled the argument about whether shops are allowed to refuse cash payments. Supermarket lockdown rules: Can I pay cash and what are the opening times? ... if you owe a sum of money, then the creditor may not refuse accepting legal tender in repayment of that debt. 'Refusal to accept payment in legal tender banknotes and coins is not unlawful,' it states. If you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. Just as many retailers refuse to accept cheques or £50 notes, there is nothing to stop them from not taking cash at all. The elderly and rural communities are some of the people that depend on cash … Email us at money@the-sun.co.uk or call 0207 78 24516. 26 March 2020, 13:55. Claim: All businesses in the U.S. are required to accept coins and\/or currency as payment. Are shops allowed to to refuse my £50 notes? If your local corner shop decided to only accept payments in Pokémon cards … Apr 6, 2018 . Businesses can refuse to take cash in most circumstances, according to the Reserve Bank of Australia. Topics UK Yes it is perfectly legal to refuse cash - if it is not in line with the Coinage Act. By Lee Boyce for Thisismoney.co.uk. The system allowing people to use cash in the UK is at risk of "falling apart" and needs a new guarantee to ensure notes and coins can still be used. 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