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People tend to spend more money when they pay without cash, studies suggest

People tend to spend more money when they pay without cash, studies suggest
Photo: KSAT 12 (ABC affiliate) · view original

Tapping a credit card or phone at checkout may feel quick and convenient, but research suggests that ease could come with a cost: People tend to spend more when they pay without cash. A 2024 analysis of more than 300,000 transactions found that consumers generally spent more when using cashless p...

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