Coming soon: A world without cash

DATE: Fri, Aug 15, 2025
PUBLICATION: CNBC

The U.S. is finally embracing contactless payments, which will likely accelerate the move away from cash in favor of credit, debit and mobile wallets. And it’s largely thanks to hurried commuters. As early as this spring, New York City subways and buses will enable riders to tap a contactless bank card or their mobile wallet at turnstiles, according to the Metropolitan Transportation Authority, which runs America’s largest urban transportation network.