cashless transaction
Tap-to-pay purchase
A cashless transaction is a payment made without physical currency—using credit cards, debit cards, mobile apps, or digital transfers instead of bills and coins.
The term appears frequently in discussions of modern commerce and the declining use of cash: The café only accepts cashless transactions.
- credit cardBorrowed-funds payment tool
- debit cardPayment from checking account
- data encryptionSecuring information through coding
- blockchainCryptographic linked transaction record
- payment gatewaySoftware routing card transactions
swipe your card · fraud detection · cryptocurrency · virtual currency · digital economy · tokenization · bank transfer · identity verification · contactless payment · privacy laws · phishing protection · digital ledger · e-check · bank account · direct debit · UPI · online checkout · tax compliance
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