Will credit cards become a thing of the past?

Our world is moving towards a near cashless society. Disruptive forces have transformed the payment and credit landscape, accelerating the shift to digital channels. The way we pay today and how we defer payments has changed entirely from where cash was king and credit was granted by the cornershop grocery store. Then everything changed with the introduction of credit cards. However with today’s evolving consumer expectations and more alternative credit providers entering the market, the question is, will credit cards also soon become a thing of the past?