Transformation Of Cashless Transaction In India With Reference To Volume And Value Of Cashless Transactions
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Abstract
The medium of exchange for the transactions has been continuously evolved right from the stage of barter system to the current cashless economy. The cashless transactions, in real sense, the transaction between two entities without a medium of exchange. This paper intends to analyze the Cashless transactions in terms of value and volume. For this study the cashless transactions data is analyzed for 5 years. The secondary data is collected from RBI website. The RBI Annual Report 2019-20 and 2021-22 are used to analyze the total cashless transactions in the past 3 years. The statistical tools like Graph, Chart and percentage has been used to analyze the data.
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References
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