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Digital Surge, Cash Floor: America’s Payments Paradox

Digital Surge, Cash Floor: America’s Payments Paradox

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This week’s Cash News Podcast is an AI-powered takeover. Using the Federal Reserve’s 2024 Diary of Consumer Payment Choice, we break down the paradox of modern payments. Credit cards and mobile tap-to-pay are surging, remote payments keep climbing, and yet cash use has hit a stable “floor” of about seven payments per month.

Tune in as AI digs into the data, explains what’s driving these trends, and explores why cash still plays an essential role in a digital-first economy.

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