How a Cashless Economy is Affecting Buskers, Charities and the Homeless

For many of us, cash is becoming a thing of the past. Instead, most of us are using paywave, phones, a smartwatch or even a money transfer app for small transactions. So how does this cashless world affect people who rely on cash for their livelihood? How do buskers, charities and the homeless make an income when no one has cash? Spencer Ross is an assistant professor of marketing at the University of Massachusetts and he’s been doing some research to find out how these people are affected and what options they might have. The Thursday Daily’s Stef Posthuma caught up with him so see what he’s found.

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