This trend toward thinner wallets makes it easy to forget what a miracle cash is. “Cash is profoundly democratic,” said Bill Maurer, the dean of the School of Social Sciences at UC–Irvine and the author of How Would You Like to Pay? “It can be given by anyone, accepted by anyone, settled and cleared instantaneously.”


For the full story, please visit https://slate.com/business/2018/07/cashless-stores-and-restaurants-are-on-the-rise-to-the-delight-of-credit-card-companies.html.

 

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