A Study and Analysis on Consumers Perception Regarding the Cashless Transactions with Reference to G-pay in Mysuru

Authors

  • T. Ithihas K. Department of Management and Commerce, Amrita School of Arts and Sciences, Mysuru, Amrita Vishwa Vidyapeetham, Karnataka India Author
  • Raghavendra N. Department of Management and Commerce, Amrita School of Arts and Sciences, Mysuru, Amrita Vishwa Vidyapeetham, Karnataka India. Author

DOI:

https://doi.org/10.61841/9xvfpr63

Keywords:

Digital Transaction, Consumer, Cashless Economy in India

Abstract

Cashless economies are those that utilization for the most part plastic or advanced cash and in this way insignificant money or cash in paper structure. The simplicity of leading budgetary exchanges is most likely the greatest helper to going computerized. The examination builds up a theoretical system to comprehend the working of a cashless economy. The paper features the different goal of being cashless. It examines the various strategies for cashless installment and the fundamentals for being cashless. The advantages of making a nation cashless have likewise been incorporated. The examination additionally clarifies the obstacles coming in the method for making an economy cashless. The examination looks at the impact of receiving cashless installments on the financial development and advancement of the creating nations. The setup together provides us significant strategy guidance towards what can empower the nation to increment cashless installments. The progress of advancement and exercises of government have added to the improvement of versatile installment. Because of innovation, versatile clients would nowadays be able to utilize their advanced cells to profit from exchange or installment applications introduced on the telephone. The RBI and the Administration are endeavoring a few endeavors to decrease the utilization of money in the economy by advancing the computerized/installment gadgets, RBI's push to empower these new assortments of installment and repayment offices means to accomplish the target of a 'less money' society. 

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Published

31.05.2020

Issue

Vol. 24 No. 3 (2020): 24 (3) 2020

Section

Articles

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How to Cite

K., T. I., & N. , R. (2020). A Study and Analysis on Consumers Perception Regarding the Cashless Transactions with Reference to G-pay in Mysuru. International Journal of Psychosocial Rehabilitation, 24(3), 1105-1110. https://doi.org/10.61841/9xvfpr63