Cashless payments are making us spend more than before? Study reveals…
Research indicates a shift in spending behavior towards luxury goods as a status symbol, while donations and tipping remain consistent with cash and cashless transactions. The influence of cashless payments on consumer spending is diminishing over time, leading to increased spending.
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Research indicates a shift in spending behavior towards luxury goods as a status symbol, while donations and tipping remain consistent with cash and cashless transactions. The influence of cashless payments on consumer spending is diminishing over time, leading to increased spending.
