New technology that lets us pay for things with our phones sounds pretty amazing, right? It’s convenient. It’s easy to use. It could revolutionize the way we pay for things, making cash and credit cards obsolete. So now that the technology is here, everyone should be clamoring to use it, right?
Not so. We surveyed 8,000 of our readers to find out who is using electronic payments like Apple Pay, and which forms of payment people like the best — and the overwhelming response was that cash is still king. Here is what we found: