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Tuesday, 4 February 2014

Newly Wary, Shoppers Trust Cash

From The New York Times

“Like dieters vowing to trade cupcakes for carrots, a number of American shoppers are making a new pledge: cash only.

The drumbeat of disclosures about credit and debit card breaches at major retailers (and hints of more to come) has unnerved consumers to the point where chatter online and at the water cooler is filled with people promising to curb their plastic habits.

“This is CRAZY. First my Target card, now this,” wrote Lorraine McCullough on the Michaels Stores Facebook page last week after the arts and crafts chain said that it was investigating whether customer data had been exposed. “I am going to pay cash from now on.”

Similar sentiments poured in.”

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