Giving Back as Cash Transactions Become Less Common

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Do you find yourself carrying less and less cash in recent years? You’re not alone. Last year, cash payments made up about 18 percent of all transactions, according to a national study conducted by the Federal Reserve Bank of Atlanta, and many say we are headed for a fully cashless society eventually. For homeless populations and nonprofit fundraisers that rely on in-person cash giving, what’s the outlook? How can the public help in different ways or donate through digital transactions?

Our guests, Executive Director of the National Coalition for the Homeless Donald Whitehead Jr. and General Secretary for the Greater New York Division of the Salvation Army Major Kevin Stoops, share their advice for continuing to donate to charities, nonprofits, and individual people who need help more than ever during the uncertainty and economic struggles of the pandemic.