The evolution from using cash to pay for goods and services to contactless payments has been going on for the last few years, but COVID-19 has dramatically cut the use of cash. In the UK, ATM withdrawals dropped 60 percent when lockdown began in March. Cash withdrawals are still 40 percent lower than last year even though the lockdown has ended. Sure, with a sluggish economy, people aren’t making as many purchases. But with people wanting to avoid touching potentially contaminated items, many are opting to avoid cash whenever possible.