Among the wide range of payment
methods available, a new report has revealed that cash is still king in the
US. This was announced by an independent card
comparison service. It studied more than 2500 adults in America. This
research disclosed that nearly half of Americans preferred cash for purchases
under $10. It is because fiduciary money is faster and more convenient. As for
contactless cards and mobile payments, these tended to be the most
popular among the younger, millennial
crowd.
US
consumers still prefer cash for smaller purchases
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