Cash
Cash is a form of payment that’s readily available and can be used for purchasing goods and services. It’s been in use for as long as people have traded goods and services, though paper bills were only introduced in the 18th century. Today, debit cards, credit cards, online banking and smartphone payment systems have reduced the need for many to carry cash in physical form. However, most businesses still prefer cash payments because cheques can bounce and credit card transactions may be declined.