• A. SOWMIYAA

Cashless culture have existed from the time when human civilization came into existence, based on barter and other means of exchange, and cashless transactions also turn out to be possible in modern times using digital currencies. A cashless economy is one in which all dealings are made using credit/debit cards or digital medium and the exchange of paper currency is nominal. As the proportion of business migrating to online continues to rise, cashless transactions are clearly in the ascendant. We Indians have to feel confident about the move, especially those who doubt online security. Cashless initiative needs awareness, especially in rural areas. Contribution by rural and co-operative banks, post offices and other financial institutions to create awareness and education programmes will ultimately pave the way for a cashless economy.

cashless economy, digital payment, online banking, e-banking, mobile banking, etc.

"INDIA’S ADVANCEMENT TOWARDS CASHLESS ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.620-624, May-2019, Available :http://www.jetir.org/papers/JETIRBP06108.pdf

"INDIA’S ADVANCEMENT TOWARDS CASHLESS ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp620-624, May-2019, Available at : http://www.jetir.org/papers/JETIRBP06108.pdf