Cashless payment refers to transactions that do not involve physical money, such as coins or banknotes. Instead, these payments are made using digital methods, including credit cards, debit cards, mobile wallets, and online banking. This system allows consumers to pay for goods and services quickly and securely without needing to carry cash. The rise of cashless payment systems has been facilitated by advancements in technology, such as smartphones and contactless payment terminals. These innovations enable users to make purchases with just a tap or a click, enhancing convenience and efficiency in everyday transactions.