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  Published Paper Details:

  Paper Title

CASHLESS TRANSACTION CHALLENGES AND REMEDIES

  Authors

  Kuldeep Joshi

  Keywords

Keywords: Cashless, digital payment, remedies, challenges

  Abstract


Abstract: Indian Government and RBI are trying continuously cashless transaction by using digital or electronic mediums like net banking, credit cards, debit cards, etc. The Government reduces the cases of counterfeit of currency, the crowd and burden of bank to strengthen the Indian economy. The digital payments mechanism is a flagship program of the Government with a vision to transform India into a digitally empowered society. The RBI classifies every mode of cashless fund transfer or transaction using cards or mobile phones as payment instrument. These can be issued as smart cards, magnetic stripe cards, Net accounts, Net wallets, mobile accounts, mobile wallets or paper vouchers. People want no heavy cash on wallet and want digital payment for day to day needs. They want to take advantage of discount by cashless transaction.

  IJCRT's Publication Details

  Unique Identification Number - IJCRTRIETS028

  Paper ID - 188716

  Page Number(s) - 167-172

  Pubished in - Volume 6 | Issue 2 | APRIL 2018

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/IJCRT.17838

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Kuldeep Joshi,   "CASHLESS TRANSACTION CHALLENGES AND REMEDIES", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.6, Issue 2, pp.167-172, APRIL 2018, Available at :http://www.ijcrt.org/papers/IJCRTRIETS028.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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