Americans Looking Forward To Paying With Face, Voice Technology, Say Paper Checks Will Become Extinct

Cash is getting less attention and people are looking forward to paying companies with mobile apps and other technologies instead, according to a new survey by online invoicing and payment firm Viewpost, which surveyed 1,000 U.S consumers for its analysis. More than half of respondents say payments between companies and customers will soon be done through mobile apps. Only 11 percent of Americans think companies will bill them by paper in the future, and 54 percent believe companies will bill customers through automatic payments from their bank account or credit card. "People are willing to embrace a more convenient, frictionless payments future," Viewpost CEO Max Eliscu said in a released statement. Electronic payments are already popular today, with services like PayPal, Apple Pay, Android Pay and apps like Venmo.