The cashless economy trend is not necessarily new, but it is gaining momentum, according to new research from the Pew Research Center.
The nonpartisan fact think tank found 41% of Americans say none of their purchases in a typical week are paid for in cash. That’s up from 29% in 2018 and 24% in 2015.
In contrast, 59% of respondents say they still pay for at least some of their typical weekly purchases in cash.
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