Not sure where you are (lots of places use $), but it’s been many many years since I used cash for anything, and it’s probably the same for anyone below retirement age in UK/Europe?
Paying for something in a shop typically means touching your bank card against the payment terminal.
I’d say that’s probably true for most younger people in the US as well.
There are obviously exceptions though. I like to golf and it’s (unsurprisingly) normal to tip the bag guy at the end of a round that wipes down your clubs and cleans out your cart, so I keep cash on me that I handle somewhat regularly for that. But really that’s the only thing I can think of that I use cash for these days.
I’d assume some people also prefer to use cash when traveling to other countries since (in the US at least), using your debit/credit card in a foreign country can accrue significant fees.
Only place I use cash for is the Fish and Chip shop. They did have contactless during covid, but the transaction fees from the bank are a big % if most of your custom is small orders, so they bite those for online orders and it’s cash only in the shop.
Not sure where you are (lots of places use $), but it’s been many many years since I used cash for anything, and it’s probably the same for anyone below retirement age in UK/Europe?
Paying for something in a shop typically means touching your bank card against the payment terminal.
I live in Ireland and was fairly slow to adapt to this cashless mularkey but my mind was blown when visiting Germany how many places were cash only.
In Canada, many people pay with their phones and smart watches.
Wallets are essentially buy-x-items-get-one-free punch card holders these days.
I’d say that’s probably true for most younger people in the US as well.
There are obviously exceptions though. I like to golf and it’s (unsurprisingly) normal to tip the bag guy at the end of a round that wipes down your clubs and cleans out your cart, so I keep cash on me that I handle somewhat regularly for that. But really that’s the only thing I can think of that I use cash for these days.
I’d assume some people also prefer to use cash when traveling to other countries since (in the US at least), using your debit/credit card in a foreign country can accrue significant fees.
Only place I use cash for is the Fish and Chip shop. They did have contactless during covid, but the transaction fees from the bank are a big % if most of your custom is small orders, so they bite those for online orders and it’s cash only in the shop.
Cash in the U.S. is the only way to pay for a certain plant which is legal in some states but still illegal federally for some stupid reason.