“FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”
Abstract & Details
Research Area
Accountancy
Keywords
Cash
global payments
Indians
payment instruments
debit card
hackers
financial institutions
electronic currency
etc.
Abstract
Cash is like water a basic necessity without which survival is a challenge. Nevertheless, cash use doesn't seem to be waning all that much, with around 85% of global payments still made using cash. One of the main reasons is that there is nothing to truly compete with the flexibility of notes and coins. The digital era is something to embrace, and new methods of payments will continue to be introduced. But Indians need to recognize the risks and benefits of different payment instruments, the risks associated with electronic payment instruments are far more diverse and severe. Recently lakhs of debit card data were stolen by hackers; the ability of Indian financial institutions to protect the electronic currency came into question also an important reason why people favour cash.
License
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Author Information
| # | Name | Institute / Affiliation |
|---|---|---|
| 1 | Mr.Pradeep H. Tawade | NSS College of Commerce and Economic |
How to Cite
Use the following formats to cite this article in your research.
APA Style
H. Tawade, Mr.Pradeep (2017). “FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”. International Journal of Advance Research and Innovative Ideas In Education, 2(3), 177-181.
MLA Style
H. Tawade, Mr.Pradeep. "“FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”." International Journal of Advance Research and Innovative Ideas In Education, vol. 2, no. 3, 2017, pp. 177-181.
IEEE Style
Mr.Pradeep H. Tawade, "“FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”," International Journal of Advance Research and Innovative Ideas In Education, vol. 2, no. 3, pp. 177-181, 2017.
Vancouver Style
H. Tawade Mr.Pradeep. “FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”. International Journal of Advance Research and Innovative Ideas In Education. 2017;2(3):177-181.
Harvard Style
H. Tawade, Mr.Pradeep (2017) '“FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”', International Journal of Advance Research and Innovative Ideas In Education, 2(3), pp. 177-181.
Chicago Style
H. Tawade, Mr.Pradeep. "“FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”." International Journal of Advance Research and Innovative Ideas In Education 2, no. 3 (2017): 177-181.
Turabian Style
H. Tawade, Mr.Pradeep. "“FUTURE AND SCOPE OF CASHLESS ECONOMY IN INDIA”." International Journal of Advance Research and Innovative Ideas In Education 2, no. 3 (2017): 177-181.
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