Use Of Cash As A Form Of Payment On The Decline

More and more Americans are paying for  everything electronically or with credit cards.  A new study from  Capital One finds that one in four Americans go cashless.  For  millennials, the number that didn't carry cash jumped to one-third.  In  fact, millennials were 41 percent more likely to call paying with cash  "inconvenient."  Only 21 percent said cash is their most common form of  payment.  The study found that six in ten Americans think cash may  disappear completely as a form of currency one day.

Photo: Getty Images


View Full Site