Search
  • AllayPay's Editorial Team

More Americans say they don’t carry cash

Cash is no longer king, according to more and more consumers.


Fewer and fewer adults are using printed or minted U.S. currency at all any more. About 3 in 10 Americans said they make no purchases with cash in a typical week, up from a quarter in 2015, according to the Pew Research Center. At the same time, the share who said that all or nearly all of their purchases are made using cash fell to 18 percent from 24 percent in 2015.


In a survey of more than 2,000 Americans, U.S. Bank found that 50 percent of respondents said they carry cash with them less than half of the time they are out. When they do carry the green, 76 percent said they keep less than $50 on hand and nearly half have less than $20.


For full article please visit: https://www.cnbc.com/2019/01/15/more-americans-say-they-dont-carry-cash.html

10 views

Open Your Merchant Account Today!

Connect with us
imageedit_1_7270719707.png

AllayPay, Inc ● Headquarters

274 S University Drive, Suite B

Plantation, Florida 33324 

+1-888-ALLAY-01

© 2019 AllayPay, Inc. | All Rights Reserved | Privacy Policy | Terms & Conditions