*tap* *tap* *tap*
That’s the sound of physical cash being consigned to the dustbin of history by us tapping cards/phones/watches instead.
Contactless payments are growing so rapidly that it seems a safe prediction that a cashless future is not far away.
In the UK contactless payments rose 52% between 2019 and 2021. Some shops already don’t take cash. And it’s a similar picture in countries across the world.
We’ve been using hard cash as the primary way to pay for things for millenia. How has this new technology crept up on us so fast?