It's benefiting the banks. IMO they have run a brilliant campaign to make people think it's to their benefit.
Go cashless don't need bank buildings any more, don't need employees in those buildings, make mega profit.
Soooo, what happens when it goes wrong and can't pay for something? Wait 2 hours on hold for a phone call, or contact by e mail, and wait 5 days for a reply?
It's such a brilliant idea to make the rich richer, but what could POSSIBLY go wrong with it? 55555555555