In the US, 80% of consumer spending no longer involves physical dollars, while in Britain cash use has dropped 14% in the last five years. What is driving this shift towards a cashless society? And how will we spend and manage money in the future?

Fashionistas rejoice – payment options are no longer limited to uninspiring bank cards or plain old cash. Topshop has teamed up with bPay to launch a range of contactless accessories that'll complement your outfit. But is Gen Z really that bothered by fintech? Can payments really be fun?

Music festivals are often rife with the irritations of spending the day amid a bustling crowd. Billions of dollars worth of smartphones are lost each year, and queuing for a single drink can waste hours. In response, Chicago-based festival Lollapalooza has introduced RFID bracelets for cashless payments.

For one day in June 2014, all shops on a busy high street in Chorlton wouldn’t let customers buy anything with cash. From bakeries to pubs and gift shops, all items had to be paid for with card - testing reactions to a future scenario when paper money becomes redundant.