Definition, Meaning & Synonyms
cashless
Adjective
/ˈkaʃ.ləs/
Definition
Relating to a system of payment that does not involve physical cash.
Examples
- The rise of cashless transactions has made shopping more convenient.
- During the pandemic, many businesses went cashless to promote hygiene.
- Cashless societies might thrive on digital currencies and apps.
Meaning
Cashless describes a financial transaction method that excludes the use of banknotes or coins, relying instead on digital forms of payment.
Synonyms
- Digital payment
- Electronic payment
- Non-cash
- Contactless payment
