IJSDR Research Journal
International Journal of Scientific Development and Research - IJSDR
(An International Open Access Journal)
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2455-2631


Issue: May 2019

Volume 4 | Issue 5

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Paper Title: Cashless Transaction in India: A Study
Authors Name: Rudresha C.E
Unique Id: IJSDR1902011
Published In: Volume 4 Issue 2, February-2019
Abstract: 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.
Keywords: Key Words: Cashless Economy, Electronic Media, Transactions, E-banking, Government.
Cite Article: "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
Downloads: 0001307
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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