Insights / Chart

Uber Mexico: More Education = Less Cash Usage

Based on BFI Working Paper No. 2019-96, “Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash,” by Fernando Alvarez, professor, University of Chicago; and David Argente, assistant professor, Penn State University
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Uber Mexico: More Education = Less Cash Usage

In the state of Mexico, the more education a person has, the less likely they are to use cash to pay for Uber rides. Those with an average of six years of schooling pay about 65% of their Uber rides with cash, while those with an average of fourteen years of schooling pay about 20% of their Uber rides with cash.