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cashless society

a society in which purchases of goods or services are made by credit card or electronic funds transferral rather than with cash or checks.
Also called checkless society.
Origin of cashless society
1970-75 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for cashless society
  • But walled-garden economies are a long way from a fully cashless society.
  • It's another step toward a cashless society, but there's a debate about who ultimately benefits--employer or employee.
  • Credit is a necessity in our cashless society now, for anything from hotel reservations and car rentals to online shopping.
  • It is clear that the price for the cashless society is way too high if you let the credit card industry set the rate.
  • In a near-cashless society, money wages were soon discontinued, to be replaced by sharecropping arrangements.
Contemporary definitions for cashless society

a society in which consumers pay using credit or debit cards, electronic funds transfer, or shop online instead of paying by cash or bank check; also called checkless society's 21st Century Lexicon
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