October 5, 2020

58% of Americans Plan to Stop Using Cash After Covid-19

More than half (58%) don’t plan to go back to using cash after the pandemic ends, choosing instead to transition to a cash-free lifestyle. Millennials are leading the charge, with 64% making the switch, followed by 53% of Generation X, and 42% of Boomers.

As technology continues to evolve and payment methods continue to digitize, it’s never been easier to spend our money without touching it.

One in five Americans now say they rarely or never carry paper currency. That won’t change anytime soon, as 69 americans-relationship-with-cash-blog-sept2020[1]

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