As smart technology changes the way consumers interact with brands and products, innovations like Disney's MyMagic+ are leading the charge towards contactless payment and a smarter, more efficient world.

In the US, 80% of consumer spending no longer involves physical dollars, while in Britain cash use has dropped 14% in the last five years. What is driving this shift towards a cashless society? And how will we spend and manage money in the future?

For one day in June 2014, all shops on a busy high street in Chorlton wouldn’t let customers buy anything with cash. From bakeries to pubs and gift shops, all items had to be paid for with card - testing reactions to a future scenario when paper money becomes redundant.

As the smartphone becomes an increasingly useful way to make purchases online, research shows that mobile shopping drives more impulse buys than any other platform. The Europe-wide study found that of 13.5 million mobile shoppers, 42% regularly buy ‘on impulse’ via smartphone.