48% of People Expect to See a Cashless Society in Their Lifetime

About HALF of us can envision a day when we don’t have a dollar.  In a GOOD way.  (???)

In a new survey, 48% of people say they expect to see a CASHLESS society within their lifetime.

And some people are already prepared . . . 15% say they “never carry cash,” which is up significantly from a poll five years ago when just 4% said the same.

But not everyone is there.  71% of people say they still “have some level of everyday reliance on cash,” and have used cash within the past two weeks.

Obviously, digital money is a big driver in the cashless society.  It’s not just credit cards, it’s mobile wallets, and services like PayPal, Zelle, and Venmo.

The way things are going, it seems like it could happen, but there are hurdles when it comes to poorer people who can’t afford smartphones . . . those with bad credit . . . people who are unbanked . . . and those who can’t deal with technology.

(Yahoo Finance)