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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.
1970-75 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples 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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