Cashless Economy

Authors: Jyoti, Ajay Kumar

DOI: https://doi.org/10.17605/OSF.IO/N29KJ

Short DOI: https://doi.org/ggrs9m

Country: India

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Abstract: The amount of research related to cash less economy. A review of the literature base will help identity the topic that has been explored as will identify topics for further research. The research project collects, synthesizes and analyses both the research strategies [i.e., methodologies] and contract [e.g., topics, focus, categories] of the current literature and them discusses an agenda for future research efforts. Several people define this in a several way. Cashless society....A cashless society describes an economic state where by financial transactions are not conducted with money in the form of physical bank notes or coins, but rather through the transfer of digital information (usually an electronic representation of money) between the transacting parties. This paper highlights the concept of cash less economy. In this paper, the study mainly focuses on to find the solutions being faced by the different sectors of the Indian economy and the issue of sustainability for a better tomorrow.

Keywords: Cashless, Smart Phone, Internet & networks, National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS)

Paper Id: 251

Published On: 2018-08-08

Published In: Volume 6, Issue 4, July-August 2018

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