collocation · academic
cashless society
/ˈkæʃləs səˈsaɪəti/CASH·less so·CI·e·ty
A society in which financial transactions are conducted through electronic means rather than using physical cash.
Examples
“The rise of mobile payments is accelerating the transition to a cashless society.”
“A cashless society can reduce petty theft but raises issues about privacy and access.”
“Policymakers must ensure the elderly are not excluded as economies move toward a cashless society.”
Band 8 sentence
“While a cashless society promises efficiency, it also risks excluding those without bank accounts or digital literacy.”
Collocations
- move toward a cashless society
- benefits of a cashless society
Word family
Common mistakes
cashless community→cashless society
cashless country→cashless society
Say it for a higher band
5no cash→6cashless system→7+cashless society
Synonyms
digital payments economy
Easily confused
digital payments
“Digital payments have become the dominant method in urban areas.”
Related words
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In Shopping & Money
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