A cashless society will further enhance the globalization that characterizes our current times. Computerized systems can be used to reduce the amount of paper trails, replacing paper money with cashless credit or electronic money transfers. However, in a cashless economy, this will change with the near eradication of certain crimes. It will also be faster to generate electronic payments than cash payments, as Near Field Communications (NFC) chips are appearing in more payment cards and mobile phones and also offer protection not applicable to purchases made with cash . This technology is simple with a low-power wireless link from radio frequency identification (RFID) technology that can transfer small amounts of data between two devices identifying us and our bank account to a computer. Another benefit of moving towards a cashless society is that other companies are pioneering cashless solutions to the payment-related problems we face. For example, WisePay, an electronic payment service provider, is deploying technologies that ensure parents no longer have to worry about sending their children to school with cash to pay for meals, excursions and other fees, which will eliminate the risk of being caught off guard. for cash or for children who misplace money. The government also has valuable explanations for why it might decide to move away from cash. Due to the primary factor of printing and distributing cash, not to mention ensuring that the economy is free of counterfeits, these are all costly endeavors, estimating that the cost to society of using the Cash is between 0.5 and 1.5% of GDP per year. Additionally, many technological innovations suggest that there is real enthusiasm for an alternative to cash with the resurgence...... middle of paper ......providing end-to-end visibility of the transaction process from Accountability will be a fundamental factor in any large-scale cashless initiative. In conclusion, a cashless society seems positive and pretty close to what we actually think, but the main stakes of these opportunities will only depend on whether the benefits outweigh the harms. We can already see that many people agree with the government on the cashless economy, but on the other hand other people, such as Christians, are unlikely to accept this as a norm. It is essential to understand that if society moves towards a cashless economy, the profits will eventually significantly eclipse. It seems that a lot has been done in terms of awareness of a cashless society as technology advances with the use of electronic devices and systems without the exchange of anything tangible. However