Gen Z’s cash allergy
Gen Z’s cash allergy: Cash had a good run, but it’s done. The Fed says Americans only use cash for seven out of 48 monthly payments, and Gen Z’s leading the digital rebellion (paywall link). They’re swiping and tapping like it’s Monopoly money. I was in Fort Lauderdale for the boat show last weekend and stopped by a Marriott hotel lobby to grab a granola bar. The woman behind the counter told me I could charge it to my room. I said I wasn’t staying there and asked if they took Apple Pay. Nope. Cash? Nope. Then she looked at me and said, “You’re a good person. I can tell. Go ahead and take it.” So I walked out with a free granola bar, powered by the kindness of a stranger. 😇
Tags: Apple, Apple Pay, digital, money, monopoly