Finance

Cash, card or phone: choosing how to pay day to day

Fees, security and budgeting habits compared.

Hands counting banknotes
Photo: Unsplash

Cash, cards and phone payments each have strengths. The best choice depends on fees, security and how you like to keep track of spending.

Security

Card and phone payments offer fraud protection and can be blocked if lost. Phone payments add biometric checks and do not share your real card number with the shop.

Budgeting

Some people spend less with cash because they see it leave. Others prefer digital payments because every transaction is recorded automatically.

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