Payments News


Small Purchases Survey: Cash, Debit Reign Over Credit

“Consumers prefer to use cash for purchases of less than $10, despite other more convenient options, according to a new poll. In fact, 49 percent of U.S. adults usually pay with cash, 35 percent with debit cards and 16 percent with credit cards. And the same pattern held with only those who owned rewards credit cards: 43 percent said they preferred cash, 31 percent debit and 26 percent credit.”