The cashless future is here. So is Big Brother. ...Middle East

Story at a glance Two-fifths of Americans used no cash in 2022. Paper currency and coins have downsides: they are unsanitary, inconvenient, costly to handle and easy to steal. Credit and debit cards leave a valuable digital trace but that also means they are easy to track. America may soon be poised to go cashless. Now, the nation must decide if ditching the dollar bill is a good idea. Two-fifths of Americans used no cash in 2022. Back in 2015, by contrast, fewer than one-quarter of consumers went cashless, according to Pew surveys. In a separate poll, three-fifths of consumers told Gallup they used cash only on occasion last year, twice the share of f

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Last updated : 05 January 2023 clock 02:13 PM

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The cashless future is here. So is Big Brother. ...Middle East

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