A cashless society is when people no longer use physical money, like coins or bills, to make purchases or transactions. Instead, they rely on electronic methods such as credit cards, online payments, or mobile payment apps. Full definition
UK is the third most cashless society in the world, after Canada and Sweden, which were found to be ahead of the trend in discarding cash. (educationbusinessuk.net)
As many countries move to become cashless societies, Switzerland will vote on whether their central bank should be the only institution capable of creating money. (gfmag.com)
Sweden is winning the race towards becoming the world's first completely cashless society, but there are growing concerns it's causing problems for the elderly and other vulnerable groups. (bbc.com)