The cashless society hits a speed bump.
Newsweek here:
In Australia, internal systems at some restaurants have been offline since about 3:10 p.m. local time. Some stores have been forced to close completely, while others are only taking cash orders, according to a report by news.com.au.
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.
More.
