Should You Start Your War on Cash Basket With Square?

There's a clear trend toward cashless payments all over the world. While cash isn't likely to go away entirely -- at least not anytime soon -- it is continuously becoming easier, cheaper, and generally more desirable to use card, contactless, and mobile payments for everyday purchases.

Financial technology companies all over the world stand to benefit from this trend, often referred to as the War on Cash. Square (NYSE: SQ) is one of them. Could this payment processing and consumer finance technology giant be a smart way to start investing in this exciting and long-tailed growth trend?

Image source: Square.

Source Fool.com