A cashless society is a system in which people do not use physical money like banknotes and coins for financial transactions. Instead, all payments are made electronically through digital means such as credit and debit cards, mobile payment apps, online banking, and other electronic money transfer systems. In such a society, money changes hands digitally rather than physically, making transactions faster and often more secure. Although no society is fully cashless yet, many countries are moving toward this model, driven by technology and consumer preferences. A cashless society also raises considerations about accessibility, privacy, and reliance on digital infrastructure. Overall, it is an economic setup where physical cash is largely replaced by electronic payment methods.