
In an era of digital wallets, contactless payments, and cryptocurrency, the role of physical cash in our daily lives is rapidly diminishing. This shift towards digital transactions has led many to question: Are we on the brink of becoming a cashless society? While cash still plays a significant role in many economies, its use has been steadily declining. In Sweden, often cited as the poster child for cashless societies, only 1% of the country's GDP circulates in cash. The UK has seen cash transactions fall from 60% in 2008 to just 15% in 2021.