Money & WorkFact
You pay more by card. For the very same thing.
In an experiment by economists Prelec and Simester, participants bid up to twice as much for sought-after sports tickets when paying by credit card instead of cash. Cash creates a tangible pain of paying: you watch the notes disappear. Card, app and subscription decouple purchase from payment, and the brain registers the spending more weakly.
Useful: For spending you want to control, a fixed weekly cash budget helps.
Source: doi.org