• G.N.R. PRASAD
• Dr. A. VINAYA BABU
• I. SURYA PRAKASH

Demonetization in India happened on Nov 8th, 2016 by cancelling Rs. 500 and Rs. 1000 currency notes. This is not the first time happened in India. The decision of Demonetization happened 3 times before the latest decision. After the announcement of demonetization, there is so much happened in usage of digital cum cashless payments. The surprise demonetization announcement also did something else: it pushed millions of new users onto the country’s digital economic grid. Every state tried to come with new solutions to solve demonetization problem. The farmers’ markets of Telangana State experimented with their own electronic payment system where customers with Aadhar-linked bank accounts could buy vegetables using tokens which could be purchased via debit cards at specialized kiosks. The present study is on the impact of demonetization in improving the usage of Digital Payment systems.

Demonetization, Electronic Payment System.

"DEMONETIZATION IN INDIA: IMPACT ON DIGITAL PAYMENT SYSTEM", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.57-61, May-2019, Available :http://www.jetir.org/papers/JETIRBR06013.pdf

"DEMONETIZATION IN INDIA: IMPACT ON DIGITAL PAYMENT SYSTEM", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp57-61, May-2019, Available at : http://www.jetir.org/papers/JETIRBR06013.pdf