Americans Prefer Cash, Oppose Cashless Society

Despite the rise of digital payments, a new study reveals that most Americans still prefer cash as a payment option. Eighty-five percent of respondents used cash in the last thirty days, with privacy and emergency preparedness being key reasons. Eighty-four percent oppose a fully cashless society, leading to pending bills like the Payment Choice Act. Cash use may be declining, but it remains a preferred choice for many due to its role in budgeting and emergency situations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.