EI economists led by Principal Philip Nelson released a new study, RETAILER PAYMENT SYSTEMS: RELATIVE MERITS OF CASH AND PAYMENT CARDS, analyzing the economic costs and benefits of cash relative to payment cards.

EI Principal Philip Nelson, working with Vice President John Gale, Vice President Gale Mosteller, and Principal Steven Siwek, released a new study, “RETAILER PAYMENT SYSTEMS: RELATIVE MERITS OF CASH AND PAYMENT CARDS,” finding that retailers that adopt a cash-only strategy make fewer sales, of smaller dollar-value, yet still incur costs associated with handling cash.  Click the following to see the Press Release or Executive Summary.   For the full study, Click Here.