[The Louiswu]

"JPMorgan not accepting cash for payments anymore..."

How can they do that I have a 20 in my hand that has, "This note is legal tender for all debts, public and private"

They have to take my cash or they fore fit any debt I have with them

[ctdonath2]

But they can make it not worth your while to pay in cash. Close branches, make you drive well more than $20 worth to pay a $20 debt, etc. Very little money movement is cash, but handling cash is very expensive; the novel Killing Floor (Jack Reacher #1) has a great explanation.