International Journal of Academic Research and Development

International Journal of Academic Research and Development


International Journal of Academic Research and Development
International Journal of Academic Research and Development
Vol. 2, Issue 4 (2017)

Awareness of consumers regarding various modes of cashless transactions


Mahesh Vashista

The government wants India to go cashless, but doing so is not easy. Cashless transactions have their downsides for consumers. But, for those with access to digital payments, rejecting cashless options or hesitating to embrace technology is also not the answer, especially in the wake of the cash crunch brought on by the government’s demonetisation move. Researcher take objectives to find out the problem are that to check the awareness level of consumers regarding various modes of cashless transactions. Researcher takes secondary data for the present study. Researcher find out The Public Sector banks customers 68.4 per cent out of total use cashless transaction and only 31.6 per cent use cash transaction. From private sector banks 75 per cent customers use cashless transaction and only 25 per cent customers’ use cash transactions. The results show that private sector bank customer’s percentage is more use cashless transaction whenever most of accountholder in public sector banks. The public sector banks should be convenience of own customer for more using cashless transaction.
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How to cite this article:
Mahesh Vashista. Awareness of consumers regarding various modes of cashless transactions. International Journal of Academic Research and Development, Volume 2, Issue 4, 2017, Pages 726-729
International Journal of Academic Research and Development International Journal of Academic Research and Development