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Shopping Trends and the Effect on Cash Management
The demand for cash remains resilient today. Many people find this fact surprising, especially in the face of increased competition with alternative payment methods such as credit cards, debit cards, and electronic payment apps such as Venmo and PayPal. However, the 2019 Diary of Consumer Payment Choice conducted by the Federal Reserve highlights the way in which cash is still used, and even preferred, by a wide-range of individuals across various age and household incomes.
Managing Cash at University Events
With universities ranging anywhere from 1000 to 50,000+ students, it’s no surprise that college campuses are prime property for special events.