Cash Won’t Die: Nearly half of U.S. adults pay with cash for small purchases
- With digital, mobile, and contactless options, the U.S still weights heavily on cash.
- Debit cards have replaced a significant percentage of cash spend.
With all the advances in digital payments, Americans still like paying for small purchases with cash. Nearly half of U.S. adults (49 percent) use cash for purchases under $10, according to CreditCards.com.
Things aren’t much different when you look at rewards credit cardholders, either. 43 percent use cash as their primary payment method while 31 percent favor debit and 26 percent prefer credit.
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