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Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

It's Monday, May 21st, and we're doing a special episode on the so-called war on cash.

So, listeners, whenever you send in a question via email,

Twitter,

letter in the mail, really whatever.

We try to either answer it in email or

devote an episode to it.

So, Cam from the UK asked,

what do you think are the three best stocks to own to benefit

from the war on cash. So I figured we'd step back and think big picture for a minute.

So the so-called war on cash is this idea that the world is gradually transitioning away from cash or at least

that it will in the future.

Certainly there's plenty of data out there showing that increasing proportions of people

are using non-cash methods of payment, debit cards,

credit cards, mobile transfer services like Venmo and the like.

In fact, the BBC reported last year that cash was used in under 20% of transactions in Sweden, for instance.

...