The Brian Lehrer Show No Cash, Big Problem: How Tap-to-Pay's Ubiquity is Hurting New Yorkers
Dec 3, 2025
Anna Kodé, a reporter for The New York Times specializing in design and culture, dives into the implications of New York’s shift towards a cashless society. She highlights the struggles faced by street vendors, performers, and the homeless who depend on cash transactions. The discussion explores the challenges of digital payments, privacy concerns, and the impact on tipping and budgeting habits. Anna also offers practical advice for supporting cash-dependent individuals in the community.
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Cash Reliance Among Informal Workers
- Many street vendors, performers, and homeless people rely on cash because they lack banking access, smartphones, or face language barriers.
- As cash declines, their informal income streams shrink and opportunities for small donations disappear.
Longer Hours And New Interactions
- Some people told Anna Kodé they now spend longer hours in the cold asking for change because they receive less cash.
- Others reported new interactions where passersby offer to buy them something instead of giving cash.
Fragmented Payment Apps Create Friction
- Vendors put Venmo or Zelle usernames on cardboard signs, but fragmented apps limit effectiveness.
- Multiple payment platforms create friction and don't fully replace cash's convenience.