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    News in brief

    Americans expect cashless society in their lifetime

    News in brief

    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.”

    Filed by Email Rian Boden Published • Last updated 26 July 2016, 14:51

    • 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.

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