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Gallup Survey: Majority of Americans Think Cashless Society Will Be Reality

A new Gallup poll reveals that 62 percent of Americans surveyed expect the United States to become a cashless society at some point in their lifetime, with all purchases made electronically or with credit or debit cards. Americans already make payments from an expanding menu of electronic options, fewer make cash transactions, and younger populations are becoming more comfortable without cash in their pockets, said Gallup. Fifty-eight percent of those 65 and older and 63 percent of those between the ages of 18 and 29 foresee a cashless society in the future. Overall, only 25 percent responded that a cashless society was unlikely, and just 11 percent said it was very unlikely.

From "Gallup Survey: Majority of Americans Think Cashless Society Will Be Reality"
AL.com (07/18/16) Dean, Charles J.