Sure, cashless is now the trend, people prefer credit cards, electronic money, or pay with only QR codes. This trend is developing and spreading in Asian countries. China has used less cash since Alipay, Wechat .. was introduced. The neighboring countries of China are actively developing banking applications.
I find that not using cash has more incentives and saves a lot of things.
Many are not aware that the cashless society campaign also poses an economic threat to many unaware countries. Cashless is known for its convenience and wide reach, if not put close attention, it can disrupt a country's economic growth.
For example, China makes an OBOR project in Maldives in the tourism sector. So China will make a one-stop vacation service there, starting from ticketing companies, tour and travel, hotels, restaurants, and souvenir centers and, of course, tour guides are also from China and don't forget that payment uses Alipay. You can imagine that even though Maldives tourism becomes crowded because of the arrival of tourists from China but very few return to Maldives, the economy is rotating in China because tourists pay by Alipay. China will only pay a small overhead in Maldives but in the end, China got more benefited than Maldives.
