Cash Makes A Comeback Guest Series Part 2Source: Tellermate, Inc.
By Jim Stone, director of marketing, Tellermate Group
The slow decline in cash usage that continued into this decade came to a grinding halt with the 2008 recession. In recent years it has actually turned course, marking a significant increase in cash usage among some key demographics. As consumer conservatism has spurred a drop in reliance on credit, more shoppers are using cash for purchases than they are swiping credit cards and paying later.
You can still catch up with Part 1 of this series.