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cashless society

noun

  1. a society in which purchases of goods or services are made by credit card or electronic funds transferral rather than with cash or checks.


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Word History and Origins

Origin of cashless society1

First recorded in 1970–75
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Example Sentences

Bank notes can still be exciting in our increasingly cashless society.

The move will allow pubs, casinos and slot venues to compete in an increasingly cashless society, ministers argue.

From BBC

Then, in 2023 the government announced several measures aimed at promoting a “cashless society,” making the use of credit cards mandatory to pay for some transactions — including purchases of food, fuel and other basic goods — but many businesses simply refuse to accept them.

They also may cling on to checks for cultural reasons or for psychological ones — for example, because writing them out is a manual process, almost like using cash in an increasingly cashless society.

The campaign, which has more than 310,000 signatures, warns "Britain is fast becoming a cashless society".

From BBC

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