B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
26%
26% -- cash transaction share for US consumer transactions (2021)
26% of consumer transactions in the US are paid with cash.
- Secondary citation from spendmenot.com
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
26%
Unit
Percentage
Data Vintage
2021
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
SpendMeNot
Primary
Tier C
https://kiosoft.com/consumers-abandon-cash/ ↗
Source Article
Consumers Turning to Unattended Payments Amidst the Pandemic
Consumers Turning to Unattended Payments Amidst the Pandemic
COVID-19 has impacted our world in many profound ways, including payment preference. One of the most widely adapted COVID-19 trends amongst consumers is abandoning cash. With heightened awareness that the virus can be spread via shared sur…
Original Research
SpendMeNot
· Original study ↗
Methodology
Cited from spendmenot.com via vendor blog
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
US consumer transactions: 26% cash transaction share. Source: SpendMeNot (2021). Via Lighthouse Intelligence -- https://lighthousedata.io/data/us-cash-transaction-share-2021
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<blockquote cite="https://lighthousedata.io/data/us-cash-transaction-share-2021" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>26%</strong> -- cash transaction share for US consumer transactions<br><small>Source: SpendMeNot (2021) · <a href="https://lighthousedata.io/data/us-cash-transaction-share-2021" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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