Where a Suitcase Full of Cash Won’t Buy You Lunch

Although America is far from becoming a cashless society, cash transactions are less frequent than even a few years ago and some restaurant owners are betting that customers will be comfortable doing away with cash for convenience.

Restaurants like Sweetgreen are pushing credit and debit cards and mobile apps for payments. Apps enable restaurants to gather data and feedback, and allow consumers to order ahead and skip long lines.

Forgoing cash is not without obstacles, though. Many Americans still use cash by choice or because they have no alternative. A 2015 study on consumer payment choice from the Federal Reserve found that although credit card use was steadily rising, slightly over 26 percent of purchases were still made in cash.

To read the entire article by Gloria Dawson, visit The New York Times