Cash, Check Usage On The Decline In The United States
Jordan Meadows, Staff Writer In a rapidly digitizing financial world, the United States is witnessing a significant decline in the usage of cash and checks, according to a recent report from the Federal Reserve Bank of Atlanta (FRBA). The report, which compares payment methods across 20 countries, highlights a remarkable shift in consumer behavior towards digital payment alternatives. The data from the FRBA reveals that the proportion of checks used