UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 8
August-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRFF06044


Registration ID:
317172

Page Number

251-256

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Title

The General Public’s Attitude Towards Cashless Transactions

Abstract

Following the demonetization efforts, the vast majority of Indians began using electronic payments for their daily activities. Everyone, from the small business owner to the vegetable seller down the street, is adopting digital payment options these days. India is gradually transitioning away from a cash-based economy to a cashless one. A cashless economy is one in which all transactions are completed via the use of credit cards or other digital methods (using smartphones). Because the circulation of physical money in a cashless economy is limited, the use of paper is reduced, resulting in a reduction in the chopping down of trees for paper production. There are many advantages to using a cashless payment system. Credit card use is expected to grow, which will decrease the quantity of currency that individuals have to carry, lowering the danger of misshaping and the costs that come with it. In this article, an effort is made to analyze the public view of cashless transactions in India, as well as to highlight the difficulties that they encounter while conducting their transactions via cashless methods.

Key Words

Cashless Economy, Cashless Transaction, Demonetization, RBI, UPI.

Cite This Article

"The General Public’s Attitude Towards Cashless Transactions", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.251-256, August-2018, Available :http://www.jetir.org/papers/JETIRFF06044.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"The General Public’s Attitude Towards Cashless Transactions", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp251-256, August-2018, Available at : http://www.jetir.org/papers/JETIRFF06044.pdf

Publication Details

Published Paper ID: JETIRFF06044
Registration ID: 317172
Published In: Volume 5 | Issue 8 | Year August-2018
DOI (Digital Object Identifier):
Page No: 251-256
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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