Cashless banking services allow you to pay for goods and services without using banknotes or coins. Recent studies of consumer behaviour showed an immense increase in the use of cashless banking services because of its convenience and security. With cashless banking services, you don't have to be afraid of losing cash while opening your wallet. It is also convenient when conducting certain transactions that involve huge amounts of cash (e.g. purchasing a car). Below is a list of some of the cashless banking services that are offered by the commercial banks in Guyana: