NEW YORK—Is using payments cards bad for a person’s health?
According to one new report it is. The report found that swiping plastic for payment encourages consumers to eat junk food.
Citing a report from The Street, Syracuse.com said the link between debt and overweight is impulse. People are more likely to grab unhealthy foods on impulse and are then more likely to go ahead and make the purchase if they’re using plastic instead of cash.
“Research suggests using debit or credit cards feels less uncomfortable than using cash. As a result, using plastic payment methods increases the likelihood of impulsive purchases, including junk food,” Syracuse.com reported. “When paying with plastic, we’re more apt to go ahead and supersize that combo meal--oh, and how about throwing in an apple turnover, too? After all, you don’t have to worry about the total as it magically disappears into the whole process of paying with plastic.”
The report did not say anything about financial health, such as in cases where junk food purchases and fast food are made using BNPL.
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