• Mrs. Shruti Jose
• Dr. Karthigai C. Prakasam

The core foundation of a country’s fiscal system, including all institutions, information, technologies, rules and standards that enable financial intermediation is its “financial infrastructure.” A lot of modernization on payment system is found in most of the developed and developing economies. The main implications of all these changes are that the physical cash is replaced with many other electronic and digital modes of payment. This study focuses on determining the kinds of awareness of Cashless Payment Systems among consumers and retailers in India. A Survey research approach was adopted for the study with a sample size of 384 for both consumers and retailers. A structured questionnaire was the main instrument used for data collection. The results of the study indicate that cashless economy is the new future and India, sooner will transform towards a less-cash society.

Cashless Payment Systems, Kinds of Awareness, Consumers, Retailers, Cashless Economy

"Consumers’ and Retailers’ Kinds of Awareness of Cashless Payment System", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.503-511, January-2019, Available :http://www.jetir.org/papers/JETIR1901268.pdf

"Consumers’ and Retailers’ Kinds of Awareness of Cashless Payment System", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp503-511, January-2019, Available at : http://www.jetir.org/papers/JETIR1901268.pdf