Jan 23, 2017

With All the New Ways of Paying – Cash Is Still Popular

According to the Federal Reserve Bank of San Francisco’s 2015 Diary of Consumer Payment Choice, though consumers are using new methods to make payments, cash is still popular. It is interesting to note that cash remains the most frequently used consumer payment option. Based on the Fed study last carried out in 2012, cash was used in almost 1/3 of...