Cash has not disappeared the way many predicted. Cash accounts for 14% of consumer payments in the United States, more than 80% of consumers used it in the past 30 days, and 90% expect to keep using it, the Federal Reserve said Aug. 4 in...
Illinois will require retailers to accept certain cash payments, beginning Jan. 1, 2028. This state law results from the Friday (July 31) signing of the Retail Cash Payment Act (HB 4592) by Gov. JB Pritzker, according to a Friday press release from the Office of the...
For a generation raised on smartphones, Gen Z has embraced a budgeting habit their grandparents would recognize instantly: cash stuffing. The practice — dividing currency into envelopes labeled for groceries, rent, utilities, savings and other expenses — has become one of social media’s more notable...
The certainty that money is available when needed has become a defining concern for households. We’re all navigating elevated prices and higher borrowing costs at the same time that income streams have grown less predictable. In that environment, access to funds carries practical weight that...
September 10, 2026
Small businesses that rely heavily on cash could offer banks a receptive audience for business credit cards, provided those cards solve everyday problems with costs and cash flow. That’s the opportunity identified in “Ready for Change: Why Nearly Half of SMBs Want to Ditch Cash and Checks,” a February 2026 PYMNTS Intelligence report produced in […]
May 22, 2025
New legislation recently passed in Congress eliminates federal taxes on tips — and one ripple effect is that there should be further tailwind for those tips to be paid out...
April 14, 2025
Budget-conscious consumers reach for debit cards to maintain financial discipline, while the allure of rewards continues to fuel credit card use. The PYMNTS Intelligence report “How People Pay: Budgeting Anxiety...
September 20, 2024
Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head of product at TerraPay, told...
August 04, 2026
Illinois will require retailers to accept certain cash payments, beginning Jan. 1, 2028. This state law results from the Friday (July 31) signing of the Retail Cash Payment Act (HB 4592) by Gov. JB Pritzker, according to a Friday press release from the Office of the Governor. The law “prohibits retailers from refusing to accept cash […]
December 15, 2025
Square is piloting a cash rounding functionality with sellers in the United States to help them deal with the end of the penny. The solution automatically rounds cash transactions to...
December 02, 2025
Velera is expanding its ATM network at thousands of Speedway locations around the country. The payments credit union service organization announced Tuesday (Dec. 2) that it would add 2,500 ATMs at Speedway stores,...
November 13, 2025
Imagine if, instead of visiting an ATM to get cash, someone brought that cash to you. Digital finance platform Robinhood is banking on the idea that this scenario will appeal...
