INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
Abstract Cashless economy is an economic system in which there is little or very low cash flow in a society and goods and services are purchase and paid amount through electronic media. Cashless economy is the economy in which transactions are made by debit cards, credit cards, e-wallet, cheques or direct transfer from one account to another through e-banking. According to Government of India the cashless transactions will maximize employment opportunities in the economy, avoid cash related robbery thereby minimizing risk of carrying physical cash. Cashless transactions will also decrease cash related corruption and attract more number of foreign investors to the country. The present study focuses on concept and methods of cashless transactions in India. Besides, the study examines the benefits and limitations of cashless economy to the general public.
"Cashless Transaction in India: A Study", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.4, Issue 2, page no.62 - 67, February-2019, Available :http://www.ijsdr.org/papers/IJSDR1902011.pdf
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Publication Details:
Published Paper ID: IJSDR1902011
Registration ID:190067
Published In: Volume 4 Issue 2, February-2019
DOI (Digital Object Identifier):
Page No: 62 - 67
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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