Cashless Transaction and Indian Business

Naib Singh

Abstract


Cashless transactions include the transactions which are performed without physical form of currency. Currency includes paper notes and coins. While making cashless transactions we make the use of various digital ways for making and receiving the payments. Government of India has launched the Vision-2018 for encouraging the use of electronic payments. This programme aims to includes all the sections of the society so that a Less-Cash society can be achieved. A lot of time, energy and resources (Money) can be saved through these transactions. Hence we can say that the saving of these three resources which are very crucial resources in this world can be used for various productive areas. All this is possible if our business world go for the cashless transactions.


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