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Safest Method of Payment? Cash. Consumers Don’t Trust Mobile Payments Just Yet

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This post originally appeared on Money Cynic.

You hand the cashier a buck or two, get a little change in return and your Snickers bar is bought and paid for. Easy as that. A majority of consumers (56%) believe that cash is the safest method of payment, and for small purchases that makes sense. But 59% of us carry $20 or less – and only 11% have paid for something in cash in the past day.

The post Safest Method of Payment? Cash. Consumers Don’t Trust Mobile Payments Just Yet appeared first on Money Cynic.


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