A recent survey by PayPal Canada has noted more than 70% of Canadians are ready to go ‘cashless’. The poll, conducted by Leger Marketing on behalf of PayPal Canada, revealed 71% of Canadians are okay with never having to handle cash again for purchases, up 27% from 2011. A quarter of respondents noted they already go more than a week without dealing with cash (hey, if you don’t want your cash send it my way).
PayPal Canada notes their iOS app allows Canadians to send and receive money easily and quickly. It notes from the survey, 56% of Canadians are most likely to ‘forgive and forget’ when someone owes them money instead of following up on it. That’s when you can just bust out the PayPal app and send a ‘request money’ email (wait a minute isn’t that the same?), or conversely pay a friend back.
Leger Marketing’s online panel, LegerWeb, conducted the survey online from May 28th, to May 31st, 2012 with a sample of 1500 Canadians aged 18+. Ipsos Reid conducted a poll from a sample of 1,012 adults with a smartphone between January 27 to February 1, 2012, on behalf of PayPal.
I barely use cash but it’s always handy to have some in the wallet, as some business only deal with cash or don’t take credit cards. As for wanting to never touch money or deal with it again, I’m not quite ready for that yet. Are you?