Cashless payments have already overtaken the use of notes and coins, and it’s predicted that by 2024 just a third of consumer payments will use cash. With Waitrose opening the first cashless supermarket in the UK, could this spark the rest of the retail sphere to ditch hard currency too?

How much cash is in your pocket? With the onward march of technology, physical money now seems somewhat redundant. Paying for things with a smartphone or contactless card is simply more convenient nowadays. So with digital transactions becoming the norm, is the ATM doomed?

We know that seamless payments can affect how we splash out, but could they also impact how we feel about the things we’re buying? Canvas8 sat down with Dr. Avni Shah, co-author of ‘Paper or Plastic?’, to understand how the method by which we pay influences product satisfaction and brand loyalty.

Are we moving towards a future where printed money exists only as a curiosity? As debit, credit and electronic transactions continue to rise, cashless payments have overtaken the use of physical money for the first time. In the UK, cash is no longer the norm, and may soon be the exception.