cashless society

noun
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:
1970–75

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Dictionary.com's 21st Century Lexicon
Main Entry:  cashless society
Part of Speech:  n
Definition:  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
Dictionary.com's 21st Century Lexicon
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Example sentences
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.
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