Payment methods: cash is still king in the US


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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