Americans expect cashless society in their lifetime

Almost two thirds of US consumers (62%) expect the country to become a cashless society in their lifetime, research released by Gallup reveals. “Solid majorities in all age groups say they can foresee a US society without cash, including 58% of those 65 and older and 63% of 18-to-29 year olds,” the firm says. “54% still say they like to have cash on them at all times. 42% say they are comfortable not having cash on them.”

  • Willam Hugh Murray, CISSP

    I still carry a little cash. My barber does not accept electronic payments. My shoe shine stand does but I still tip my shine guy in cash because I do not want the proprietor or the IRS to know how much the tip is.