Last year seems a lifetime ago, but even then, cash was no longer king. The greenback had already lost its premier role as Americans’ medium of exchange in dollar terms. Plastic card and digital transactions had taken over. And that’s how stores, restaurants and other businesses seemed to want it.
COVID-19 has accelerated this process for several reasons. Cash cannot change hands at a distance of six feet, and besides, who wants to grab that dirty bill? Sheltering at home means more purchases are being done over the internet.
Read more here: https://www.bostonherald.com/2020/05/09/coronavirus-speeds-up-the-move-to-cashless-society/