Electronic payments usage is up, but comes with privacy issues for consumers

Electronic payments usage is up, but comes with privacy issues for consumers

Guido Mieth

Americans are spending more with digital payments and credit cards than ever before, as convenience and technology have relegated cash and checks more to the periphery.
Online shopping has proliferated on retail websites such as Amazon, mobile payment apps like Venmo have become more popular, and banks have made it as easy to transact on a smartphone as in a brick-and-mortar branch.
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