Message:

<p>[QUOTE=&quot;fatima, post: 1565883, member: 22143&quot;]When I worked with a company that does significant work with the finance industry, I remember a project that investigated how to bring more customers into the banks.&nbsp;&nbsp; What the study revealed was that ~17% of the working adult population in the USA operates solely on a cash and carry basis and will not use any sort of card, check, etc to handle their finances.&nbsp; </p><p><br /></p><p>Basically they will take their paper paycheck to a grocery store when they get paid, buy groceries and then take the rest of the check in cash from the grocer.&nbsp; Grocery stores are quite happy to perform this duty as it brings a reliable customer base into the store.&nbsp; Walmart, the largest retailer, has expanded this concept with their in store money centers.&nbsp;&nbsp; These people after cashing out their check, will then pay all their other bills through the week via cash and for that reason, almost every utility company in the USA has counter or drive up service for bill paying and where this isn&#039;t available, there are money orders.&nbsp; </p><p><br /></p><p>So for this segment of society, cash will always be used until the government forces them out of it, and IMO, that isn&#039;t going to happen anytime soon.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in