WATCH: Is using cash for purchases becoming a thing of the past?
Summary
Lawmakers in the U.S. Congress are thinking about new laws to make sure people can keep using cash when they buy things. This is because cash payments are being used less often as digital and card payments grow.Key Facts
- Cash payments are becoming less common in everyday shopping.
- Some lawmakers want to protect the option to pay with cash.
- Bills are being considered on Capitol Hill to keep cash as a payment choice.
- Digital payments like cards and mobile apps are growing in popularity.
- The changes in payment affect businesses and consumers.
- The issue is important because some people rely on cash and may not have bank accounts or cards.
- Lawmakers aim to balance innovation and access to cash payments.
- The article highlights ongoing debate in the U.S. about payment methods.
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