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Any thoughts why cash use might be declining? Lockdown's...

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thebarry111

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09/04/21

13:41

Post #: 52359294
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Originally posted by A4paper: ↑

@bgtaylo
cos nobody bothered here are some thoughts...(and no idea which type of "business activity" they are targeting).
cash use in the US fell 30% YoY and it is now less than 20% of transaction values.
check use is declining.
the major existing wallets (paypal excluded) are mainly non-international (internal US only) ... so heaps of scope for niche entry that can scale/expand (or be used as an add on).

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Any thoughts why cash use might be declining? Lockdown's perhaps?

What happens when people come back out of lockdown?

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