Core Points - The new regulations on cash payment and services in China, effective from February 1, aim to protect consumers' rights regarding cash transactions [1][2] - The regulations require businesses to accept cash payments and provide clear information on payment methods [1][2] Group 1: Regulations on Cash Payments - The new regulations specify that businesses must support cash payments when they have the capability to do so, including face-to-face services and online transactions completed offline [1] - Businesses using self-service models or unified management systems must clearly display payment methods and contact information for cash-related inquiries [1] - Online transactions must publicly disclose payment methods in advance and inform consumers promptly [1] Group 2: Banking Institutions' Responsibilities - Banking institutions with physical locations must provide cash deposit and withdrawal services to individual customers [2] - Banks are required to ensure adequate coverage of cash services through the appropriate number of cash points and self-service machines [2] - Institutions must focus on the proper handling of cash to prevent the circulation of unfit currency and comply with regulations regarding large cash transactions to prevent illegal activities [2]