FCTI - Blog

Real Cash Use by Age Group [InfoGraphic]

Posted by Rebecca Hellmann on Aug 7, 2018 6:10:00 AM

Despite a growing perception surrounding declining reliance and use of cash, recent studies show a much different picture.

Cash-Use-Thumbnail-082018In reality, the payment landscape is becoming steadily more diverse - pulling in electronic and other payment options. While check payments continue to shrink, cash remains a relied upon resource for purchases, with many keeping a steady amount on-hand.

Perhaps more surprising is the awareness of actual payment use across age groups. With most over-estimating credit card use while under-estimating debit and cash utilization.

Download the FREE infographic "Cash Use: Real vs. Preferred" to discover more insights on how age groups use cash and other forms of payment!

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How and when do you use cash? Tell us in the comments below!

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Topics: self-service, credit union ATMs, bank ATMs, cash use, payment options

Written by Rebecca Hellmann

Rebecca Hellmann has been researching and writing in the payments technology industry for over six years. Prior to the payments industry, Rebecca developed marketing, branding, and content for businesses such as Bil-Jac, Benjamin Franklin Plumbing, and Homestead Furniture. She currently works as Director of Marketing for FCTI, Inc.
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