The wealth outlook: The Rise and Spread of Cashless Economy Across the Globe

The world is slowly becoming a cashless economy, an economy in which economic activities are performed primarily in electronic forms rather than money. It is a transformative shift in living with money, its potential and pitfalls for people, companies, and governments. In this article, we shall be addressing the history and popularity of the cashless economy around the world, reasons, advantages, disadvantages, and future of this new age of money.