A variety of businesses this year opted to only do exchanges with cashless payment methods, credit card or debit etc, and that meant that for those who still preferred to pay with cash that their choices were now limited.
The cashless payment trend has been accelerated this year, as many turned to cashless payments to also avoid unnecessary contact with others, or payment tools in stores etc.
1 in 3 people now use digital wallets or cashless payments to get their goods.
Still, despite the convenience there might be, many people still prefer to operate with cash. But whether they want to or not, this year brought many struggles to doing just that and a variety of businesses stop accepting cash and transitioned to contactless payments instead.
There might be more convenience with contactless payments but there are still many who would prefer to continue using cash over anything else. The support for having those payment alternatives has even prompted US representatives to previously introduce legislation that has sought to ban cashless stores.
Today, credit cards and debit cards are already the preferred payment method for many, but still cash isn't far behind. There still might be a long way to go yet, if ever, we are to see a truly cashless society.