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Need to Pay the Babysitter? Don’t Even Think About Using Cash

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Need to Pay the Babysitter? Don’t Even Think About Using Cash

When Oliver Hicks finished helping his family with yard work last summer, his dad handed him $50 in cash. Oliver didn’t want it. He asked his dad to send him the money through an app on his phone.

“He was like, ‘What do you mean? There’s $50 in cash right in front of you. Why don’t you want it right now?’” recalls Oliver, a 20-year-old sophomore at Swarthmore College in Pennsylvania.

Oliver…

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