If more consumers doing last minute Christmas shopping are paying with cash, it could mean they are trying to stick to their budget in the final shopping frenzy.
Or, it could be a defensive move, an effort to prevent getting caught up in a retailer's data breach.
Thales, an IT and cybersecurity firm, reports most consumers would change their shopping behavior in some ways if they knew a particular retailer had suffered a system hack. While 20% of consumers in a Thales survey said they would avoid shopping at the store, the majority – 55% – said they would continue shopping at the retailer but would pay using cash.
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