It’s getting harder, and more expensive, to pay in cash

Enrique Dans
Enrique Dans
Published in
3 min readJun 10, 2024

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IMAGE: An open cash register showing coins and bills
IMAGE: Charles Thompson — Pixabay

In many parts of the world, paying in cash has been in decline for years now, certainly since the pandemic, and while some older people still cling to the habit, younger generations increasingly use their smartphones or watches, rarely visiting an ATM.

One of the countries where cash payments are increasingly unwelcome is the United States: the advent of reverse ATMs

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Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)