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Cash and a credit card at the checkout are pretty similar time wise. OTOH I've seen people take quite a bit longer to get themselves organised with the phone pay thing. Don't know what that is or how it works - I wouldn't do it in a pink fit.
We are retired & use cash wherever possible as a convenient way of fortnightly budgeting. But keeping the majority of our funds in cash?? I don't think so. In the low interest situation we've been through - and I still see the current situation that way, compounded by inflation - even cash deposits are being eroded. And yes, there is a slim possibility of being scammed - more likely if you do something stupid. We have about half in cash investments and half in conservative super but still feels like we are going backwards.
But in general I think you're on the mark with cashless and I think it's governments that will be the major driver. 80% of the $100's ever printed are not in circulation - for obvious reasons - so it's probably coming for that one as much as any.
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