News

Is the Coronavirus Killing Off Cash?

Source: Politico

Stores are shuttering all over the United States, and many of those still open are balking at cash. Shoppers are switching orders to Amazon and Walmart.com. Many restaurants that have stayed open won’t take cash, and operate without any contact at all, requiring customers to pay first online.

What once seemed like the oldest, most reliable way of paying now seems fraught: A physical object changing hands, bringing people closer than six feet, covered in who knows what.