A new study has revealed that 53% of Generation Z considers cash to be "cringe" and outdated. The research indicates that this demographic uses cash only as a last resort and views individuals who use cash as "out of touch."
The findings reflect a significant shift in payment preferences among younger generations, who increasingly favor digital transactions over traditional cash methods. This trend aligns with the growing reliance on technology for financial transactions, including mobile payments and online banking.
As previously reported, these changing attitudes towards cash may have broader implications for businesses and financial institutions as they adapt to the evolving preferences of consumers.
For more on related coverage, see the article on recent developments in politics.
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