I am surprised to see a non-trivial chunk of 18-29, compared to later age demographics
I suspect that “compared to later age demographics” is key to understanding it. My guess is that younger people are just more likely to be unbanked, and thus cash is their only option.
I suspect that “compared to later age demographics” is key to understanding it. My guess is that younger people are just more likely to be unbanked, and thus cash is their only option.
Young people can’t really be “unbanked” unless they’re unemployed.