This is a dangerous movement.There are documents from Visa and I believe Mastercard about how to push for a cashless system, which would be in their best interest. Imagine having to pay a 2% transaction fee on EVERYTHING. Water bill, 2% more. Gas, 2% more, food, 2% more on top of the 2% to 3% inflation that grows each year. Etc. etc. etc. A lot of "futurist" have talked about how cash is archaic but being stuck in ONLY electronic banking, and your just closer to global slavery.
See also this Freakenomics podcast
<a href="http://freakonomics.com/podcast/still-using-cash/" rel="nofollow">http://freakonomics.com/podcast/still-using-cash/</a>