We are all familiar with the convenience of credit and debit cards, and there’s no denying that they’re the preferred method …
cash payments
We Buy Fun Stuff With Credit, Dull Stuff With Cash
It’s well-documented that people cut loose and spend more when they’re paying with a credit card rather than cash. Scientists refer to this as a “decoupling of purchase from the pain of payment” — essentially, we don’t perceive credit cards as “real money.” But a new study takes this observation a step further by postulating that we …
The Perils of Mobile Payments
It’s been hard not to miss the steady stream of news suggesting that some time soon the U.S. will catch up with the rest of the world when it comes to using mobile phones and other devices as digital wallets. If you don’t …