With every passing year we are edging closer towards a cashless society - but is this a good thing? Card and mobile payments have become the most common way to pay, with the coronavirus pandemic swiftly speeding up the shift in payment.We are encouraged every day to pay at ease with our phones or by simply tapping our cards, so is it time to make the change in customer habit a permanent thing by ditching coins and notes?One argument for keeping cash payments is that the technological shift has caused concern and struggle for the older population over the years.
However, a report from UK Finance has predicted that cash usage will fall to a mere six per cent by 2031.Read More:Starbucks issues statement following reports UK branches going cashlessSo, is it time we became a cashless society? Let us know your thoughts in the comments section. If you'd like to share your opinion, drop it in the comments and we'll highlight the best ones.
The Daily Record will also be discussing the topic in the comments section below and you can join in. All you have to do is sign up, submit your comment, register your details and then you can take part. Get the latest money news sent straight to your inbox - sign up to our free Record Money newsletter here. READ NEXT: Sainsbury's to invest millions in prices to help shoppers with rising costs Warning over £20 and £50 Scottish paper banknotes as there's one month to left spend New calls to increase State Pension to £380 each week and lower retirement age back to 60 Full list of cost of living payments due to be issued between September and Christmas DWP urges family members to check if older relatives are due an income boost worth £3,300 each year
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