Despite common lore, millennials are still using cash

January 14, 2016 5:34 PM

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Millennials' wallets aren't completely devoid of cash. They're using this old-fashioned paper currency alongside the latest advances in payment technology, according to a report released Thursday by Houston-based ATM owner and operator Cardtronics.

"There is a myth in the marketplace that Millennials have abandoned cash in favor of mobile and other digital payments," Tom Pierce, chief marketing officer of Cardtronics, said in a news release. "It's simply not true. What we found exposed the myth, with Millennials embracing cash usage along with...

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