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With less cash, consumers have curbed spending, leading thousands of taxpaying businesses to fail.
After three years of easily switching to better terms on their mortgages and frequently taking out cash, consumers can no longer rely so heavily on refinancing to shore up their family budgets and maintain their spending.
And he points to reports that prepaid smartphones are a fast-growing market commonly used by cash consumers and the unbanked.
Because there are often cases when award space is unavailable in both directions, or because one direction is relatively inexpensive to pay with cash, consumers will benefit.
Similar(56)
If the middle-class benefits from improving economic conditions and better access to cash, consumer demand is likely to increase.
When people are shopping with you and you're already handling their cash, consumer credit is a natural extension.
As people spend dodgily earned cash, consumer spending may surge in some countries.Sadly, there was no sign of such bingeing at this year's Munich Oktoberfest.
Plans to shake-up the UK's ATM network may leave many remote areas with little or no access to cash, consumer group Which? has warned.
But in the meantime job creation, plus a pick-up in pay, have put extra cash into consumers' pockets.
Tax cuts get cash to consumers, but people may choose to save the money or spend it on imports.
Historically, more cash in consumers' pockets has been a good thing.
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CEO of Professional Science Editing for Scientists @ prosciediting.com