It is not a secret that cash is becoming an antiquated method to make a transaction. Unlike digital payments, which leave behind traceable records, cash can be tendered anonymously, allowing it to play a part in various types of organized or financial crimes. In addition to this, it is simply inconvenient.
For these reasons, the use of debit cards, PayPal, and other methods of moving money electronically have become commonplace. They marked a significant improvement over the handling of cash and its apparent drawbacks. Nonetheless, we are on the cusp of another revolution in the world of transactions.