US consumers continue to rely on cash for payments

Cash is still a constant for US consumers — Glory — “84% of US consumers would still like the option to pay by cash while 63% feel it is the most secure way to pay… 61% of Americans trust cash more than mobile payments and 55% favor it over cards respectively. Convenience also plays a key role in consumers’ choice of payments, with 87% wanting the option to pay with cash in all transactions… 64% of consumers use cash the same amount or more than they did a year ago.”

  • People who think that cash is secure do not think. It is not secure for either the consumer or the merchant. It is not even particularly convenient.

    Nice people do not give cash to children. It makes them targets for bullies and drug dealers.