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(
    [id] => 7829
    [paper_index] => EW201708-01-001989
    [title] => CASHLESS ECONOMY IN INDIA
    [description] => <ol>
	<li>Adu, Cecilia Adurayemi, &ldquo;Cashless policy and its effects on the Nigerian economy&rdquo; European Journal of Business, Economics and Accountancy Vol. 4, No. 2, 2016</li>
	<li>Piyush Kumar, <em>&ldquo;</em>An analysis of growth pattern of cashless transaction system&rdquo; International Journal of Research in Business Management Vol. 3, Issue 9, Sep 2015</li>
	<li>Bansi Patel ans Urvi Amin, &ldquo;Plastic Money : Roadmay Towards Cash Less Society&rdquo; Paripex - Indian journal of research Volume 1, Issue 11, November 2012</li>
	<li>&nbsp;Salihu Shakirat.A, &amp; Mustapha Kassim, &ldquo;The Impacts of Information Technology in a Cashless Economy in Nigeria&rdquo; The IJES, Volume 2, Issue 10 -2013.</li>
	<li><a href="http://www.google.com">www.google.com</a></li>
</ol>

    [author] => Dr. Ambanna M. Bhavimani
    [googlescholar] => https://scholar.google.co.in/citations?user=KeqZGcIAAAAJ&hl=en
    [doi] => 
    [year] => 2019
    [month] => March
    [volume] => 7
    [issue] => 3
    [file] => eprapub/EW201708-01-001989.pdf
    [abstract] => <p>A cashless economy or an e-payment system is a situation where there is little or very low cash flow in a given society, thus every other purchases and transactions will be made by electronic channels, examples of which are direct debit, electronic funds transfer, mobile payments, multi-functional ATMs, internet banking and a significant increase in point of sale (POS) penetration and usage. In other words, it simply refers to the widespread application of information technology in the financial system. Payments under this new system will range from a list of options such as cheques, wire transfers, debit and credit cards, online transactions, and mobile banking. The advantages of a cashless society are enormous; from regulating, controlling, and securing the financial system of any economy. In this context, the present paper makes an attempt to study the present scenario of cashless economy in India, to identify the challenges to cashless economy, to know the benefits of cashless policy and make recommendations to bank for cashless banking.</p>

<p><strong>KEY WORDS</strong>: Cashless Economy, point of sale (POS), Automated Teller Machine (ATM)</p>

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    [hit] => 1501
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    [award_status] => P
    [orderr] => 9
    [journal_id] => 4
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    [edit_on] => 
    [is_status] => 1
    [journalname] => EPRA International Journal of Economic and Business Review(JEBR)
    [short_code] => IJES
    [eissn] => 2347-9671 (O), 2349-0187(P)
    [pissn] => 
    [home_page_wrapper] => images/products_image/12.JEBR.png
)
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