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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 |
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| Paper Title: | The Impact of Knowledge Based Trust (KBT) on the Adoption and Acceptability of Cashless Economy in India |
| Authors Name: | Dr. C Magesh |
| Unique Id: | IJSDR2210099 |
| Published In: | Volume 7 Issue 10, October-2022 |
| Abstract: | Abstract A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes, but rather through the transfer of digital information between the transaction parties using digital means like debit/credit cards, electronic fund transfer, mobile payments, internet banking etc. and other newly evolved payment channels, which will leave very little scope for flow of hard cash in economy. A cashless economy uses digital currencies. In India innumerable transactions are made through cash and only less than 5% of total payments are digitized. Steps towards cashless societies seem to be more widespread and streamlined in last couple of years but there are lots of issues arising parallel. There are number of challenges associated with a cashless society, and until they can be overcome a 100% cash free economy will still be a long way off. The project,” Is India ready for cashless economy” and would address the gap to be bridged between the existing and cashless economy. |
| Keywords: | Key word: Cashless Transaction |
| Cite Article: | "The Impact of Knowledge Based Trust (KBT) on the Adoption and Acceptability of Cashless Economy in India", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.7, Issue 10, page no.607 - 615, October-2022, Available :http://www.ijsdr.org/papers/IJSDR2210099.pdf |
| Downloads: | 000337215 |
| Publication Details: | Published Paper ID: IJSDR2210099 Registration ID:202189 Published In: Volume 7 Issue 10, October-2022 DOI (Digital Object Identifier): Page No: 607 - 615 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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