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Featured Companies
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Going Cashless
| Meghan Boyer
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>> Published Date: 6/25/2012
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Americans are using less cash than they did 10 years ago, opting instead to pay with credit and debit cards—payment options that cost retailers transaction fees. One of the problems with cash is shopper frustration, according to a survey by MasterCard. Forty percent of Americans find it frustrating waiting for people to find exact change and 29% are frustrated by the time it can take to find an ATM.
Sixty-one percent of members of Gen X, those between the ages of 30 and 39, are most in favor of paying for everything electronically. They came of age during the advent of electronic banking and online shopping. GP
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