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Is social distancing moving us to a cashless society?
I went to an ATM on March 28, took out $60. I still have $47 in my wallet, with no prospects of spending it anytime soon.
To reduce interactions, the local market has on its list of social distance guidelines (6 ft distance, no mass buying, no reusable bags allowed) they also promote “no cash transactions”.
I find myself using Apple Pay on my phone most of the time when buying in person, or a credit card or ATM card when ordering on line or over the phone.
Before COVID 19, there was contention in the San Francisco Bay Area about the increasing number of take out food places that were “no cash – card only”. That concern seems to be gone, realizing that exchanging money could be a disease vector.
Do you think this will hasten the move to a no cash society?
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