Should we adopt a cashless society? Have your say in our debate

today30 August 2022

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A cashless society is perhaps no longer as shocking a thought as it might have been several years ago. Many people prefer the convenience of using their contactless debit card, or phone or even watch when it comes to paying for things.

The sight of seeing people using cash is becoming more of a rarity. A report by trade body UK Finance said the use of cash is expected to drop to just 6% of payments by 2031.

But the potential phasing out of cash payments is not all positive. Charities are concerned that it could lead to fewer donations being made.

And many people across the country worry what this means for certain people in our society. Many older people may not feel comfortable using an online system and for our homeless population, it could leave them with no way to have money.

We want to know what you think. Would you support a move towards a cashless society. Would it make your spending habits easier? Or do you have concerns?

We’d love to hear your thoughts on this. You can join the debate in the comments below.


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