Indeed. Makes perfect sense: reduces the chance of the individual or business premises being robbed if no-one carries cash any longer; it also seems to greatly speed up service. However, since going contactless my bank statements read like phone directories. Shops will still have to make allowances for cash in the event of a card or card reader failure; I've experienced both recently. Sometimes the WiFi reception doesn't work and I know of one premises (not a pub) where the owner has to go outside or upstairs to wave the reader around in order to get a good signal!